Velocity

Velocity

Financial Services

Velocity is India’s leading financial solution provider for new-age digitally native businesses.

About us

Velocity is India’s leading cash flow based financing platform for new age businesses. We are working on democratizing access to working capital for underserved sectors that traditionally lack collateral like property, plant or machinery. Founded in 2020 by Abhiroop Medhekar, Atul Khichariya, and Saurav Swaroop, Velocity's financing suite includes a range of financing products. We work with 4,000+ brands and have disbursed ₹800 Cr+. We have partnerships with 26 ecosystem players, including four of the largest marketplaces. Our portfolio includes many of India’s fastest-growing D2C brands such as French Crown, Soulflower, Chumbak, Off Duty, Itsy Bitsy, Bear House, Gear merchandise, Milano ice cream, Jamie’s Pizzeria, IDC, Farmley, Kebabs and Curries, KCC, and Zlade to name a few. Velocity has raised $30 million in funding so far led by Peter Thiel’s Valar Ventures.

Website
https://www.velocity.in
Industry
Financial Services
Company size
51-200 employees
Headquarters
Bengaluru
Type
Privately Held
Founded
2020

Locations

Employees at Velocity

Updates

  • View organization page for Velocity, graphic

    39,608 followers

    Get ready for a game-changing experience! 🚀 Velocity launches Vani AI - India's first AI-powered solution to manage customer interactions in the financial services sector. 🤖 We at Velocity have unveiled Vani AI - a pioneering GEN AI solution created to transform customer conversations across the financial services sector. Developed in-house, Vani AI executes calling tasks like collections, lead qualification, document gathering, and more with human-like conversational skills. 💬 Vani AI can understand context, regional languages, and accents with the help of generative AI and multilingual speech recognition capabilities. 🌐🗣️ We have developed Vani AI to help financial companies reduce operational costs involved in connecting with their customers. 💸📉 The future of AI-powered customer conversation starts now! Experience the Magic of Vani AI in the demo below! 🪄 Join the waitlist. Link in the comments. #VaniAI #GenerativeAIRevolution #FinancialDisruption #Velocity #AIInnovation

    View profile for Abhiroop Medhekar, graphic

    Co-founder and CEO at Velocity | Fortune 40 under 40 | Ex McKinsey, Elevation Capital | Hiring Product, Tech & Business leaders at Velocity

    🚨 AI Launch Announcement: Exciting Update for Financial Institutions! Ever felt the pain of ineffective customer calls, poor customer experience and rising operational costs? We did too at Velocity. We figured that 60-70% of the work involves basic follow-ups and query resolution, which can actually be made 10X better using GenAI. That's why we created Vani AI, India’s first AI-based interactive calling solution for financial institutions 🚀 💡 Why Vani AI? - Higher Operational Efficiency: Put routine tasks like data collection, collections calling and sales qualification on auto pilot. - Human-Like Conversations: Vani speaks naturally, understands multiple Indian languages, and provides personalized, contextual responses in real-time. - Response accuracy: Vani gets trained on your organization's specific processes, policies, past call logs and real-time customer context for precise interactions. - Seamless Integration: Easily integrates with CRMs, calendars, and sends actionable next steps via Email/WhatsApp. - Human Agent Handover: Seamlessly passes the call to a human agent if needed or upon customer request. While many leaders acknowledge that GenAI will disrupt customer conversations, it is non-trivial to create a solution that can fully replace IVR and a large chunk of human calling too. Thanks to our team's hard work, we've solved multiple technical challenges (like local language understanding, interruption handling, background noise removal, and super low latency) resulting in a product that.. just works! Check out the live call below! 🤩 We've seen promising results using Vani AI internally, and we see the clear potential to transform our own customer calls into efficient, standardized, and cost-effective interactions. However, we figured that Vani's impact can be manifold higher if we productize it and make it available to other companies too. If you are keen to leverage Vani AI for your organization or just brainstorm about leveraging GenAI, we would love to chat! Drop a comment below or join our waitlist (link in comments) 👇 Please help us spread the word by liking / sharing this in your networks! 🙏 #GenAI #CustomerExperience #Innovation #FinancialServices #VaniAI #Velocity

  • View organization page for Velocity, graphic

    39,608 followers

    ✨ Diwali at Velocity: A Celebration of Togetherness and Growth ✨ This Diwali, we brought the colors, lights, and energy of the festival to our office. From traditional decor to vibrant festivities, our team came together to celebrate the spirit of renewal and unity. At Velocity, every bright moment fuels our collective mission to support brands as they reach new heights. Wishing everyone a prosperous year filled with light, success, and togetherness! 🪔 #Diwali #Velocity #FestiveSeason #Funds

  • View organization page for Velocity, graphic

    39,608 followers

    ✨Happy Diwali from Velocity! ✨ This Diwali, as lights brighten every corner, we’re inspired by the passion and drive of India’s D2C and e-commerce brands. Just as Diwali marks new beginnings, Velocity stands beside each brand, helping them redefine limits and grow with confidence. May this season bring not just light but the momentum to reach new heights! Let’s illuminate the path to growth and success—together.🪔 #Velocity #Diwali #Funds #Growth

  • View organization page for Velocity, graphic

    39,608 followers

    Beauté Secrets is scaling new heights! 🌟 With Velocity's support of ₹1.6 Cr, this festive season marks the beginning of an exciting growth journey for Beauté Secrets, founded by Harika Aneja. As the brand expands into quick commerce and unveils new product lines, we’re thrilled to be part of their mission to bring natural beauty essentials to a wider audience. Special thanks to YourStory Hindi and Ravikant Pareek (Ravey) for capturing this milestone so well. Read the full YourStory article. Link in the comments. Here’s to driving growth for D2C brands across India! 🚀💼 #Velocity #BeauteSecrets #FestiveSeason #Funds

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  • View organization page for Velocity, graphic

    39,608 followers

    On this auspicious occasion of Dhanteras, may your homes be filled with wealth, prosperity, and good health. Dhanteras is not just about buying gold or silver. It is also about investing in your future and creating a life of abundance and success. As we honour Goddess Lakshmi and Lord Dhanvantari, let's reflect on the importance of making wise financial and health decisions that bring lasting prosperity. Fuel Your Growth Journey with Velocity! Every great business needs more than just capital—it needs the right investments in technology, talent, and operations to truly thrive. Whether you’re upgrading your tech infrastructure, hiring top-tier talent, or optimizing your operations, smart investments drive growth. But how do you fund these opportunities? That’s where Velocity comes in. With quick, flexible funding, we empower businesses to seize the moment and invest in the areas that matter most: 1. Flexible Financing Options: Cash flow-based funding that adapts to your business. 2. No Equity Dilution: Retain full ownership and control of your business. Where will your business go with the right support? Let Velocity be your partner in progress and help you take the next leap towards success.  Ready to unlock your growth potential? Let’s chat! #Dhanteras2024 #BusinessFunding #VelocityGrowth #ScaleYourBusiness

  • View organization page for Velocity, graphic

    39,608 followers

    🚀 Quick commerce is transforming the way we shop!🚀 As highlighted in The Times Of India, our analysis at Velocity reveals that the demand for instant gratification is real – with consumers now adding everything from iPhones to powerbanks to their quick commerce carts. 📱⚡ The trend is driving 15-30% of sales across 1,500 e-commerce brands in India. Our CEO and co-founder, Abhiroop Medhekar, shared insights on how lifestyle changes, speed demands, and pandemic-driven behavior are fueling this growth. We are excited to see how this shift is reshaping retail and meeting the needs of modern consumers. 🌎💡 A big thank you to The Times Of India and the journalist Priya Sheth Kothari for featuring this emerging trend!🙌📰 Check out the full story to learn more about the quick commerce revolution. Link in the comments. #Velocity #QuickCommerce #Funds #TheHindu

    • According to Velocity's analysis of 1,500 e-commerce brands, quick commerce is already driving 15-30% sales, depending upon the category. Consumers demand for speed, changing lifestyles, and pandemic-induced behavioural shifts are driving quick commerce sales in India,' said Abhiroop Medhekar, co-founder and CEO of Velocity, a cash-flow-based financing platform.
  • View organization page for Velocity, graphic

    39,608 followers

    🚀 Exciting News! 🚀 We’re thrilled to announce that Beauté Secrets, a leading D2C beauty brand, has raised ₹1.6 Cr from Velocity! This funding will help Beauté Secrets expand its operations on quick commerce platforms and introduce new products just in time for the festive season. 🌟 Watch the interview with Harika Aneja, Co-founder of Beauté Secrets, and Atul K., Co-founder and COO of Velocity, to learn more about their growth plans and the future of ecommerce in India. 📈✨ A special thank you to Shruti Mishra, Arundathi Ramanan and CNBC-TV18 for their coverage! 🙏 Check the comments for a link to the full coverage. #StartupSuccess #BeautyTools #FundingNews #QuickCommerce #Velocity #BeautéSecrets

  • View organization page for Velocity, graphic

    39,608 followers

    Kapiva is an Indian wellness brand founded with the mission of making Ayurveda more accessible to modern, health-conscious consumers. With a range of natural products focusing on nutrition, beauty, and general wellness, the brand leverages the rich heritage of Ayurveda. Velocity’s spotlight this month shines on the founders of Kapiva: Ameve Sharma comes from the Baidyanath Group, one of India's most respected names in Ayurvedic healthcare since 1917. Ameve Sharma, drawing from this family history, aimed to take modern Ayurveda to a larger audience without losing its traditional efficacy. Shantanu . plays a pivotal role in driving Kapiva’s vision and strategy with his background in FMCG and entrepreneurship, focusing on scaling the business, expanding its product portfolio, and aligning its operations with the broader mission of providing natural wellness solutions. Anuj Sharma brings a strong expertise in Ayurveda and holistic health, and works on product development, quality assurance, and sourcing authentic, traditional Ayurvedic ingredients. Anuj ensures that Kapiva’s products maintain the integrity of ancient healing practices. They contribute to the community around them through: · Kapiva supports local farmers by using traditional agricultural methods and fair-trade practices. They also emphasise ethical, sustainable sourcing. · The brand promotes wellness by educating consumers on how Ayurvedic principles can benefit their health, combining science-backed data with traditional knowledge, inspiring a broader movement towards healthier living. · Kapiva indirectly supports local economies by providing employment to farmers, local producers, and other stakeholders in the production and distribution chain. · Kapiva and its founders have initiatives that improve healthcare awareness in rural India, especially around preventive care, nutrition, and sustainable living. Together, they balance innovation and tradition to steer Kapiva towards becoming a leading wellness brand while contributing to community development and natural health awareness through quality products that meet modern health needs. #kapiva #founders #spotlight Velocity #ayurveda

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Funding

Velocity 3 total rounds

Last Round

Series A

US$ 20.0M

See more info on crunchbase