NeoGrowth
NeoGrowth is a fintech company in Mumbai, India, founded in 2012. It has raised $147.0M across 3 rounds, most recently a $36.2M Series D in December 2022.
Lending simplified. Growth amplified.
- 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.
Indexed holds 3 funding rounds and 8 investors for this company. The full record is or through the API.
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
It lists 1001–5000 employees. 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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