How much funding has GrowXCD raised?

GrowXCD has raised $34.5M in total funding, most recently a Series B round.

Who are GrowXCD's investors?

GrowXCD's investors include Lok Capital, UC Impower, Blue Earth Capital, Prosus.

Where is GrowXCD headquartered?

GrowXCD is headquartered in Chennai, India.

How many employees does GrowXCD have?

GrowXCD has 501-1000 employees.

GrowXCD

Accelerating business growth using Capital and Technology

Chennai, India · Founded 2022 · $34.5M raised

Fintech

Headquarters: Chennai
Employees: 501–1000
Founded: 2022
Business Model: B2B

Website: growxcd.com
Total Funding: $34.5M
Last Round: $22.8M Series BOct 2025
Rounds: 3

About

GrowXCD Finance Pvt Ltd is an RBI-registered Non-Banking Finance Company (NBFC) that operates from over forty-one branches across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Puducherry. Founded in January 2022, the company's mission is to accelerate the economic growth of MSMEs and low-income households by enabling access to institutional capital through mortgage-backed retail credit. GrowXCD builds credit infrastructure — or 'credit rails' — that allow institutional investors to deploy capital seamlessly into retail lending assets, with a focus on underserved segments that have historically lacked access to formal credit. The company has received credit rating upgrades from India Ratings and Research and has attracted investors including Blue Earth Capital, Prosus Ventures, Lok Capital, and UC Impower.

Summary

GrowXCD is a Fintech company based in Chennai, India, founded in 2022. It has raised $34.5M in total across 3 rounds, most recently a $22.8M Series B round in Oct 2025. Investors include Lok Capital, UC Impower and Blue Earth Capital.