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Progcap
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Progcap

https://progcap.com/
Last activity: 10.03.2026
Active
Categories: CreditFinTechIndiaLendingSME
Progcap is a mission driven, inclusive financial services firm that is using technology to address the working capital issues of micro and small businesses in the last mile.
Likes
226
Mentions
48
Location: India
Employees: 201-500
Phone: +91 11 4105 7911
Total raised: $95M
Founded date: 2016

Investors 4

Funding Rounds 3

DateSeriesAmountInvestors
29.06.2022Series C$40MTiger Glob...
21.06.2021Series B$25M-
-Series C$30M-

Mentions in press and media 48

DateTitleDescription
10.03.2026Progcap extends ₹10,000 crore credit to women entrepreneurs-
17.02.2026Progcap in talks for $100 million funding round, likely to be led by TPG: SourcesSynopsis Progcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by global alternate assets manager TPG. Japanese financial services major Mitsubishi UFJ Financi...
17.02.2026Grapevine: Fast&Up, Progcap in advanced funding discussionsPremium Sports nutrition brand Fast&Up has drawn interest from Venturi Partners and Elev8 Venture Partners for its ongoing $70 ...... This is a Premium article. Please subscribe or log in to read the full story! Here's a selection of ou...
17.01.2026From build to buy: Indian startups chase scale through overseas acquisitions-
01.09.2025Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinksPremium Pallavi Shrivastava and Himanshu Chandra, founders, Progcap Fintech firm Progcap, which is backed by investors such as Tiger Global, Peak XV Partners, and Google has posted a consolidated net profit in the first quarter of the finan...
12.12.2024The New Frontier: Venture Capital's Bold Moves in Tech and FinanceIn the world of venture capital, the landscape is shifting. New players are emerging, and established firms are doubling down on their commitments. The latest funding rounds tell a story of ambition, innovation, and a relentless pursuit of ...
11.12.2024growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 1...growX ventures, a leading venture capital firm specialising in B2B and deeptech startups, has announced the launch of its Fund II with a target corpus of INR 400 crore. The fund will focus on early-stage (Seed) and early-growth stage (Serie...
17.10.2022Supply Chain Financing Startup Progcap Raises $50 MnGrowX, MV Nair from CIBIL, Sandeep Tandon from Freecharge, 9Unicorns, and Sequoia Capital also took part in the funding round Progcap secured $40 Mn in its Series C funding round back in June this year In April, Beams announced the first cl...
30.06.2022Modsy, an interior design startup founded by a Google Ventures partner, is shutting down its design business and splitting ties with designersThis is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. As the markets continue to plunge and venture investors pull back, a digital interior design star...
29.06.2022Tiger Global co-leads $40m funding in Indian fintech startup ProgcapFinancing solutions provider Progcap on Tuesday announced that it has raised $40 million in private equity capital as part of its Series C funding round led by Creation Investments and Tiger Global Management. Google joined as a new investo...
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