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

    39,513 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

    39,513 followers

    Velocity’s Shero this month is Malika Datt Sadani , founder of The Moms Co. | Good Glamm Group. When her child contracted eczema dermatitis, she found herself depending exclusively on imported products as the products available in India often contained harmful chemicals. After speaking to about 200 other mothers, who were also frustrated with the lack of natural and safe products in the market, Malika was inspired to bridge the gap in the market for toxin-free baby care products. As a self-confessed obsessive mother who wanted her children to have access to high quality products, this banker left a stable job and embarked on a challenging entrepreneurial journey, turned it into a successful and award-winning venture, making her children ‘proud’ of her! The Moms Co. emphasizes transparency, simplicity, and safety, adhering to a strict "Nature In, Toxins Out" philosophy. Their products meet global safety standards through a rigorous six-step safety process. The brand empowers health-conscious parents by providing them with high-quality products that they can trust. Through extensive research and collaboration with experts, Malika found suppliers of high quality, natural ingredients that met global safety standards. Through her passion and commitment, Malika grew her initial investment of 15 lakhs into the brand into a ₹100 crore business and aims to double it soon. The brand has an extensive market penetration, serving 15000 pin codes across India. The Moms Co. offers around 40 SKUs (Stock Keeping Units) including skincare products for mothers and babies, all formulated without harmful chemicals, across: Pregnancy Care: Safe skincare options for expectant mothers. New Mom Care: Products designed for postpartum care. Baby Care: A range of baby-safe personal care items. The Moms Co. has gained recognition for its commitment to quality and safety. Through her dedication to quality and community engagement, she has successfully created a brand that resonates with mothers seeking reliable solutions for themselves and their families. #WomenEntrepreneurs #SafeSkincare #NaturalProducts #EcoFriendly

  • View organization page for Velocity, graphic

    39,513 followers

    Dussehra symbolizes the triumph of good over evil, reminding us of the strength and resilience required to overcome challenges. Just as Lord Rama's victory over Ravana inspires us, may you find the courage to conquer all obstacles in your path to success and happiness. We, at Velocity, extend our warmest wishes to you and your loved ones on this auspicious occasion and wish you a Dussehra filled with joy and prosperity. #VelocityWishes #HappyDussehra #FestiveGreetings  #DussehraCelebration

    • No alternative text description for this image
  • View organization page for Velocity, graphic

    39,513 followers

    The world of fashion relies on temporary trends and cycles of designing and discarding, which contribute to shocking numbers in global carbon emissions. Akanksha Kaila Akashi, founder of REFASH, refused to acknowledge that fashion and sustainability are incompatible or accept that fashion can go on contributing heavily to all the different types of waste that weighs the world down. REFASH goes beyond the ordinary thrifting and redesigning rubric and redefines the fashion landscape by turning waste into wearable art. In a world where sustainability is no longer just an option but a necessity, efforts like Refash stand out as a beacon of innovation and conscious living. Akanksha Kaila takes waste and discard from a variety of industries and redesigns them into sustainable, yet trendy, fashion - from floral waste, dairy waste, agricultural waste, electronic waste plus the upcycling of old clothing. Akanksha Kaila Akashi has a degree from The London College of Fashion, and she believes passionately in the phrase “conscious choice.” Refash is an example of incredible, and meaningful creativity. Akanksha Kaila, driven by her passion for sustainability and creativity, fulfils her mission to combat the environmental impact of fast fashion through Refash. Unlike traditional fashion brands, Refash focuses on processes that involve transforming waste materials into new, high-quality products. This not only reduces waste but also promotes a circular economy. Refash’s innovative work methods are at the heart of its success. The platform collaborates with a network of designers who ensure that each product is crafted with care and creativity. As Refash continues to grow, its vision remains clear to revolutionise the fashion industry through upcycling and sustainability. With a strong foundation and a dedicated team, Refash is poised to lead the way in creating a more sustainable and stylish future. Their journey is a testament to the power of innovation, creativity, and conscious living. Velocity celebrates Akanksha and her efforts to marry fashion with sustainability! #SustainableFashion #InnovativeFashion #ZeroWasteFashion #FashionWithPurpose

  • View organization page for Velocity, graphic

    39,513 followers

    Exciting news: Beauté Secrets secures funding from Velocity!✨ We’re proud to support Beauté Secrets, founded by Harika Aneja with ₹1.6 Cr in cash flow financing this festive season. With the Indian beauty and personal care market expected to reach $31.56 billion by 2024, this funding will help Beauté Secrets expand on quick commerce platforms and introduce new products. 🚀 A big thank you to businessline for highlighting this exciting milestone and our commitment to empowering D2C brands. 🙏 Read the full article. Link in the comments. From travel-friendly beauty tools to bath and hair removal products, Beauté Secrets is ready for its next phase of growth. Ready to take your brand to the next level this festive season? Let’s connect! 🤝 #BeautéSecrets #Velocity #Funding #BeautyTools

    • Velocity funded Beaute Secrets
  • View organization page for Velocity, graphic

    39,513 followers

    Two Brothers Organic Farms®(TBOF) is a leading advocate for sustainable and regenerative agriculture in India, founded by siblings Satyajit Hange and Ajinkya H. Their venture goes beyond being a brand; it represents a movement towards healthier food choices and environmental stewardship. Commitment to Organic Excellence: All TBOF products are ECOCERT certified, ensuring the highest standards of organic integrity. The brothers employ regenerative agricultural practices that enhance soil health and biodiversity, producing high-quality organic products while restoring ecosystems for future generations. Community-Centric Approach: TBOF empowers local farmers by providing training in sustainable practices, helping convert over 2,000 acres of farmland. They have educated more than 16,000 farmers and created over 300 jobs in rural communities, improving livelihoods and promoting economic prosperity. Diverse Product Range: Their offerings include -          Nutrient-rich Cow Ghee -          Wholesome Jaggery -          Organic Rice -          Peanut Butter These products reflect traditional farming practices tailored to modern consumer needs. Funding and Growth: TBOF has secured approximately ₹58.2 crore in funding from notable investors like Nithin Kamath. Currently exporting to around 60 countries, 80% of their business is domestic, with a revenue target of ₹100 crore by FY25 and aspirations to reach ₹500 crore in the next four to five years. Unique Selling Proposition: What sets TBOF apart is their dedication to regenerative agriculture and community empowerment, ensuring sustainable practices that benefit both the environment and consumers. The brothers exemplify a successful transition from corporate careers to pioneering sustainable agriculture, inspiring others to embrace eco-friendly practices for a better future. Velocity congratulates them on their innovative business model and wishes them continued success. #OrganicFarming #FarmToTable #AgroInnovation #SustainableLiving

  • View organization page for Velocity, graphic

    39,513 followers

    🎯 Festive season isn’t coming—it’s already here! 🎯 With the festive season in full swing, Velocity is actively fueling D2C and e-commerce brands to thrive during this year’s shopping surge.🛍️ Inventory piling up? Marketing campaigns need a boost? Operations feeling the heat? We've got the fuel you need to power through all of it—without giving away any equity. 💥 A big thank you to Entrepreneur India for featuring us and highlighting this milestone!🚀 Read the full Entrepreneur India article. Link in the comments. #Ecommerce #D2CBrands #FestiveSeason #BusinessGrowth #Velocity

    • No alternative text description for this image
  • View organization page for Velocity, graphic

    39,513 followers

    This month’s Velocity’s D2C hero shines on Ashmeet Kapoor , the founder of I Say Organic.  A visionary who dreams of a future where organic food is not a luxury but a way of life in India. His story is about redefining an industry and inspiring others to believe in the possibilities of a cleaner, healthier, and more sustainable way of life. Ashmeet left his career in clean energy to dive into the world of organic farming—a decision that would change the landscape of organic food accessibility in the country. When Ashmeet founded ‘I Say Organic,’ with a passion for sustainable living and a first-hand understanding of the challenges farmers face, it wasn’t just about selling products; it was about bridging the gap between farmers and consumers. He knew the struggle from both ends: the farmers who toil yet barely make ends meet, and the urban consumers who crave genuine organic food but often face scepticism and supply issues. His mission was to empower farmers and assure consumers of authenticity. Ashmeet spent nearly a year researching organic farming. He lived in a small village in eastern Uttar Pradesh, where he worked directly with farmers, gaining insights into their struggles, and the untapped potential of organic agriculture. This ground-level engagement shaped his commitment to supporting farmers and promoting organic farming as a sustainable livelihood. With an initial investment of INR 50 lakh, funded by his family, Ashmeet launched ‘I Say Organic’ in March 2012, starting with a modest website that offered products directly sourced from farmer groups. Orders grew from just 10 a day to 50, and the business quickly scaled to monthly revenues of INR 10 lakh. Kapoor’s hands-on approach, building cold storage, refining the supply chain, and understanding consumer needs, helped propel the company to an annual turnover of INR 5 Crores. By connecting farmers to the market and educating consumers about the value of organic produce, Ashmeet created a movement and laid the foundation for a more sustainable food ecosystem. His efforts turned ‘I Say Organic’ into a trusted name in the National Capital Region (NCR), setting the stage for future growth across India. #FarmToTable #OrganicRevolution #SupportFarmers  #SustainableLiving

  • View organization page for Velocity, graphic

    39,513 followers

    Another day, another milestone! 🌟 We’re thrilled to see Velocity’s commitment to empowering D2C and eCommerce brands recognized. It’s exciting to play a part in helping brands gear up for growth and meet the festive season demands. A big thank you to YourStory Media for the feature! Kudos to all the ambitious brands we’ve partnered with so far – this one’s for you! 🚀 #GrowthJourney #Ecommerce #D2C #Financing #Velocity

    • No alternative text description for this image
  • View organization page for Velocity, graphic

    39,513 followers

    Here’s to each one of you: Kopal Gupta, Kavel Baruah, Sajid Khan, Mohammed Abuzar, Ahammed Rizwan, Vishwmohan Singh and Swapnil Pashine We deeply appreciate your dedication and the energy you contribute to the team every day. Your commitment and attention to detail have been vital to our success. Cheers to many more years of success, growth, and shared accomplishments! #TeamAppreciation #WorkAnniversary #EmployeeRecognition #VelocityTeam

Affiliated pages

Similar pages

Browse jobs

Funding

Velocity 3 total rounds

Last Round

Series A

US$ 20.0M

See more info on crunchbase