Details

Last Funding Type

Series C

Last Funding Money Raised

$40M

Industries

Enterprise,Finance,Financial Services,FinTech

Founded date

Jan 1, 2017

Number Of Employee

101 - 250

Operating Status

Active

Progcap is a financial service company that provides financial opportunities for micro and small businesses. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises.

The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company's mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology.

Progcap was founded in 2017 and is headquartered in New Delhi, Delhi, India.