Efficient Capital Labs (ECL) Raises $7M Round
Efficient Capital Labs is making low cost, non-dilutive capital accessible across borders for B2B SaaS businesses
Efficient Capital Labs (ECL) is revolutionizing the financing landscape for B2B SaaS companies operating in the South Asia-U.S. corridor. Co-founded by Kaustav Das and Manish Arora, ECL offers immediate, non-dilutive capital to emerging market SaaS firms, with a primary focus on India and plans for expansion in South Asia. By leveraging a company's recurring revenue, ECL provides upfront capital, allowing startups to access cheaper funds without relying on third-party investors or marketplace dynamics. Recently securing $7 million in funding led by QED Investors, ECL's innovative revenue-based financing model has attracted considerable interest and propelled its growth.
Kaustav Das, the CEO and co-founder of Efficient Capital Labs, brings a wealth of experience in risk management from his time at American Express and various other leading companies. His decision to venture into revenue-based financing stemmed from India's massive market potential for SaaS growth and the need for affordable capital. ECL's unique proposition lies in its dual risk assessment approach, ensuring transparency and visibility into the capital's usage, unlike other platforms. With 43 SaaS companies already benefiting from ECL's financing solutions and over $13 million in originated loans with zero defaults, the startup has proven its ability to empower early-stage SaaS startups and drive innovation in the region.
Read the TechCrunch article.
Read more about ECL’s $11M Series A.
Read more from co-founder Kaustav Das in Founders Everywhere.
Check out Kaustav Das with Scott Hartley on the Venture Everywhere podcast: Efficiently Speaking, Listen now on Apple and Spotify and check out all our past episodes here!
