BankersKlub, an emerging force in fintech, has unveiled a groundbreaking tech-enabled aggregator platform aimed at revolutionizing corporate finance solutions in India. This new platform connects small businesses, micro, small, and medium enterprises (MSMEs), and startups with seasoned retired bankers, redefining the landscape of financial advisory services.

The platform’s primary offering includes facilitating debt financing up to INR 100 crore at a fixed success fee of INR 50 lakh, a move designed to simplify and make the cost of securing debt predictable. This pricing model stands to significantly reduce the financial burden on businesses by offering a transparent cost structure. In addition, retired bankers involved in successful debt raises will receive 75% of the fixed success fee along with a monthly consultancy fee, creating new revenue streams for these experienced professionals.

A key feature of the platform is the Financial Wellness Report (FWR), an advanced tool that provides a detailed analysis of industries and individual businesses. The FWR, accompanied by a Scorecard featuring essential data-driven KPIs, is crafted by seasoned bankers who understand the nuanced needs of lending institutions. This report aims to streamline the funding process by offering actionable insights and enhancing the chances of obtaining financial support.

BankersKlub’s initiative extends beyond corporate financing. It supports India’s economic development by redeploying skilled human capital, aligning with the Atmanirbhar Bharat and Viksit Bharat movements. This initiative not only boosts credit access for MSMEs but also contributes to the country’s GDP by utilizing the expertise of Indian financial advisors for both domestic and international enterprises.

Dr. Charan Singh, a prominent economist and Chairman of Punjab and Sind Bank, highlighted the significance of this initiative: “Redeploying retired bankers is crucial for preserving and leveraging their wealth of banking and financial expertise. BankersKlub is pioneering in utilizing this invaluable human capital to support businesses in overcoming complex financial challenges, thus contributing to economic growth and stability.”

Rajat Chopra, Founder and CEO of BankersKlub, emphasized the transformative impact of the platform: “Our platform will redefine how corporates secure debt by introducing unparalleled transparency and efficiency. The flat success fee pricing will reduce costs significantly compared to current industry standards. Our goal is to offer businesses a seamless digital experience with real-time tracking and comprehensive advisory services through our FWR.”

BankersKlub’s web application enables businesses to connect with experienced bankers, ensuring a tailored advisory experience. It provides access to a broad spectrum of services including debt and equity fundraising, debt restructuring, international expansion, NPA resolution, mergers and acquisitions, and regulatory compliance.

Founded by Rajat Chopra and operated under Re-Attire India Pvt. Ltd., BankersKlub is poised for national and international expansion. The platform offers innovative, cost-effective financial solutions while providing opportunities for retired bankers to utilize their expertise effectively.

  BankersKlub, Corporate Financial Advisory, Debt Fundraising, Financial Wellness Report, MSMEs, Retired Bankers, Tech-Enabled Aggregator