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With equity capital hard to come by amid a global macroeconomic crisis and the Russia-Ukraine war, some Indian e-commerce and consumer startups are exploring new, innovative ways to raise money.

Revenue-based financing (RBF) is one such alternative source of funding that has gained considerable traction in the recent past and led to the emergence of pure-play RBF venture funds such as GetVantage, Velocity, Klub, BHIVE Investech, and N+1 Capital.

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