Progcap
The fintech partner India turns to for progress
New Delhi, India · Founded 2017 · $1.0M raised
- Headquarters
- New Delhi, Delhi
- Employees
- 201–500
- Founded
- 2017
- Business Model
- B2B
- Website
- progcap.com
- Total Funding
- $1.0M
- Last Round
- $1.0M SeedApr 2019
- Rounds
- 1
About
Progcap (Desiderata Impact Ventures Private Limited) is a mission-driven fintech platform that unlocks financial access for micro and small enterprises at the last mile. Founded in 2017 by Pallavi Shrivastava, Himanshu Chandra, and Pranav Raj, Progcap uses proprietary underwriting technology and supply chain data to provide collateral-free working capital to over 1 million small retailers across India. The platform also offers digital tools for invoice management, account tracking, and online payments. Backed by Tiger Global, Peak XV, Creation Investments, and Google, Progcap has disbursed over ₹50,000 crore in cumulative credit.
Summary
Progcap is a Financial Services company based in New Delhi, India, founded in 2017. It has raised $1.0M in total across 1 round, most recently a $1.0M Seed round in Apr 2019. Investors include GrowX Ventures.
Tech & App Stack
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Funding History
Apr 2019
Investors
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