“The company is targeting a revenue of Rs 1.5 crore this year. Next year, our target is Rs 20 crore because we will have a whole bunch of revenue streams,” said Ashwani Rathore CEO & Co-founder, SpiderG.
What had started as a traditional business venture soon provided Ashwani Rathore and Harshal Ingle with the seed for starting their own startup. Called SpiderG, Rathore and Ingle’s baby is a platform to connect small and medium enterprises (SMEs) to financial institutions for funding based on the transaction data generated by SMEs on the SpiderG platform. SpiderG at present serves as many as 1,000 businesses across India and the co-founders plan to raise the number to 50,000 in a year’s time.
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Like most new age entrepreneurs, Rathore had cut his teeth in the corporate world before taking the big plunge. An engineer from the National Institute of Technology in Ahmedabad, Rathore also has…