Key Metrics
  • No. of Employees279
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹854.61 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Progcap
Progcap (Desiderata Impact Ventures Private Limited) is a mission-driven, inclusive financing technology firm working to unlock the transformational impact of millions of micro and small enterprises in the last mile by providing them affordable, customized finance and digitizing their supply chains. Progcap uses a mix of technology and its unique delivery model to underwrite credit and thus provide the under banked semi – urban and rural retailers in India access to flexible, collateral free working capital.
Business Model

Progcap is a startup that facilitates debt capital for underserved micro and small businesses. The fintech platform digitizes supply chains and facilitates access to finance for last mile retailers. It claims to have facilitated over 6,500 crore of credit, working with over 700,000 SMBs through its retailer financing platform.

Top Competitors
FL
FlexiloansU71309TN1995PTC030536
LE
LendingkartU72900GJ2014PTC081539
CR
CredavenueU72900TN2020PTC137251
ST
StrideoneU65999DL2020PTC368996
Progcap Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹854.61 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Tiger Global, Sequoia Capital, Creation Investments, GrowX Ventures
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Progcap Financial Details
Financial Highlights
FY 2022-23 Revenue₹101.95 Cr
FY 2022-23 Expenses₹149.47 Cr
FY 2022-23 Profit/Loss-₹48.71 Cr
Net Cash Flow From Operations-₹41.95 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Progcap Key People
People Metrics
Current Core Team2
Board Members/Directors4

Core Team

HC
Himanshu ChandraCo-Founder
PS
Pallavi ShrivastavaCo-Founder

Board Members/Directors

HC
Himanshu ChandraWholetime Director
PS
Pallavi ShrivastavaWholetime Director
MR
Manu RikhyeNominee Director
JT
John Tyler DayNominee Director
Progcap Documents

AY - 2017-18

Profit and Loss statement - Progcap - 2017-18.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2017-18.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2017-18.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2017-18.
₹249.00 ₹498.00

AY - 2018-19

Profit and Loss statement - Progcap - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Progcap - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Progcap - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Progcap - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Progcap - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Progcap for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Progcap - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Progcap for FY 2022-23.
₹249.00 ₹498.00

Subscribe to our newsletter to stay updated