Fund Operations Intern - Bengaluru, India - Klub Blaze

Klub Blaze

Verified Company

Bengaluru, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Welcome to

25Under25 Klub - our flagship internship program for professionals excited about all things funding & fintech. We are looking for an influx of fresh perspective into our funding engine & if impact-driven finance excites you, you are at the right place.

What does this program entail?
-
3-6 months internship cum mentorship program
-
Paid internship in our
Bangalore office so you learn with your peers

Roles
across functions so you can learn & grow as a professional

We are India's largest Revenue-Based financing platform

Revenue-Based financing is revolutionary:
instead of paying fixed EMIs to banks or diluting equity to VCs, businesses can now raise capital from Klub and pay simply as a percentage of their revenues

Our funding product is:

Fair:
By relying exclusively on data and metrics, we take the bias out of decision making in funding.

Flexible:
Companies pay a percentage of revenues every month instead of a fixed EMI.

Founder friendly:
No pitch decks, no personal guarantees, no equity dilution, no board seats.

Frequent:
Brands are eligible for repeat rounds of funding only after 2 months of repayments.

All these make Klub the most sustainable growth capital partner for founders & brands across all stages (early, growth & late).

A sneak peek into our journey since 2019

We raised $2 mn at an idea stage in December 2019 from Sequoia Capital's Surge program, and marquee investors like Naveen Tewari (InMobi Group), Kunal Shah (CRED), Shradha Sharma (YourStory) and many more.

Post our beta launch a year ago, we have grown leaps and bounds:

400+ investments made in 250+ brands
Portfolio companies include popular brands like Bewakoof, Third Wave Coffee, The Man Company, 9stacks, Dhabha, Mamagoto, Eat.

Fit, SMOOR

Raised $20 mn in August 2021 from GMO Ventures (Japan), Alter Global (USA) and other marquee investors
Launched a $30 mn fund in December 2021 regulated under SEBI

You are in for a rollercoaster ride with one of India's fastest-growing fintech brands, now on its way to international markets too.

Here is a brief job description of the internship:

Responsibilities:

Assist with monthly fund operations activities, such as reviewing transactions, cash reconciliations, and recording transaction entries
Assist in preparing monthly, quarterly, and annual financial shadow statements and investor reports
Conduct research and analysis on fund performance and market trends
Collaborate with multiple vendors/internal stakeholders for the smooth functioning of the fund, including but not limited to accounting, compliance, and legal activities
Provide support for ongoing reporting and communication with LP by collating data and maintaining accurate records.
Support projects related to process improvement, maintaining SOPs, and automation of fund operations
Create and maintain trackers/MIS for the Fund operations process

Requirements: