GrowXCD
GrowXCD is a fintech company in Chennai, India, founded in 2022. It has raised $34.5M across 3 rounds, most recently a $22.8M Series B in October 2025.
Accelerating business growth using Capital and Technology
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.
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
It lists 501–1000 employees. 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.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Oct 2025
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Funding: Series A through Series B. Amounts, valuations, and investors where available.
Investors
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