Progcap

India
New Delhi, Delhi, India, 110049

Company profile

Progcap company profile

Progcap is a financial service company that provides financial opportunities for micro and small businesses. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises. The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company's mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology. Progcap was founded in 2017 and is headquartered in New Delhi, Delhi, India.

Business identity

Contact email
[email protected]
Phone number
011-41057911
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$1M-$10M
Founded
2017-01-01, Year

Headquarters

Postal code
110049
Country code
IN
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
7
Total equity funding
$149.3M
Last funding
Series C / $48.7M / 2022-10-17
Last equity funding
Series C / $48.7M
Investors
16
Lead investors
7
Founders
2
Articles
36

Founders and investors

Founders

Himanshu ChandraPallavi Shrivastava

Lead investors

Beams FinTech FundCreation Investments Capital Management, LLCgrowX venturesPeak XV PartnersStride VenturesTiger Global ManagementVenture Catalysts

Investors

100UnicornsGooglePeak XV PartnersTiger Global ManagementVenture Catalysts