NeoGrowth
Lending simplified. Growth amplified.
Mumbai, India · Founded 2012 · $147.0M raised
- Headquarters
- Mumbai
- Employees
- 1001–5000
- Founded
- 2012
- Business Model
- B2B
- Website
- neogrowth.in
- Total Funding
- $147.0M
- Last Round
- $36.2M Series DDec 2022
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
NeoGrowth is a digital-first NBFC lender founded by Dhruv Khaitan and Piyush Khaitan in September 2012, providing collateral-free working capital loans to Micro, Small, and Medium Enterprises (MSMEs) across India. The company uses alternative data, including card-swipe transaction history and digital footprints, to underwrite retail and services-sector merchants who lack the credit history required for traditional bank loans. Headquartered in Mumbai, NeoGrowth is backed by investors including Omidyar Network, Lightrock, and Khosla Impact.
Summary
NeoGrowth is a Fintech company based in Mumbai, India, founded in 2012. It has raised $147.0M in total across 3 rounds, most recently a $36.2M Series D round in Dec 2022. Investors include FMO, LeapFrog Investments and Omidyar Network.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Nov 2024
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Funding: Venture Round through Series D. Amounts, valuations, and investors where available.
Investors
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