10club set to close $30 mn funding round led by Olive Tree Capital

Bengaluru: Roll-up commerce startup 10club is set to raise more than $30 million, in an equal mix of debt and equity, its top executive told ET.

Olive Tree Capital, a Boston-based fund, led the funding round, while existing investors,which includes Fireside Ventures, Secocha Ventures and Boat co-founder Aman Gupta, also participated. 10club has already closed $22 million, while the remainder will be closed over the next few weeks, it said in a statement.