Key Metrics
- No. of Employees279
- Founded Year 2016
- Company StagePrivate Limited Company
- Total Funding₹854.61 Cr
- Industry
- Headquarter
- Company StatusActive
About Progcap
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
Funding History
Funding Per Year
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
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Progcap Key People
People Metrics
Current Core Team2
Board Members/Directors4
Progcap Documents