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Progcap looks to raise $45 million equity capital in FY28 - The Economic Times
The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh.
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economictimes.indiatimes.com
Progcap looks to raise $45 million equity capital in FY28 - The Economic Times
The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently…
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asiabusinessoutlook.com
Indian Fintech Progcap Eyes $45 Million Fundraise to Accelerate Growth
Indian fintech Progcap plans to raise $45 million to expand MSME lending, strengthen its technology platform, and improve access to digital credit.