Progcap
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Progcap

https://progcap.com/
Last activity: 13.08.2026
Active
Categories: CreditFinTechIndiaLendingSME
Progcap is a mission driven, inclusive financial services firm that is using technology to address the working capital issues of micro and small businesses in the last mile.
Likes
226
Mentions
52
Location: India
Employees: 201-500
Phone: +91 11 4105 7911
Total raised: $95M
Founded date: 2016

Investors 4

Funding Rounds 3

DateSeriesAmountInvestors
29.06.2022Series C$40MTiger Glob...
21.06.2021Series B$25M-
-Series C$30M-

Mentions in press and media 52

DateTitleDescription
13.08.2026BlackSoil deploys Rs 750 crore across 40 companies through second credit fundBlackSoil Asset Management has deployed Rs 750 crore across 40 companies through its second credit fund, BlackSoil India Credit Fund II (BICF II). Advertisment The fund, launched in October 2023, closed at its target corpus of Rs 500 crore ...
28.06.2026Progcap looks to raise $45 million equity capital in FY28Synopsis 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 ...
11.06.2026Oncology startup 4baseCare closes Rs 128 Cr Series B roundBengaluru-based precision oncology startup 4baseCare has closed its Series B funding round at Rs 128 crore, securing an additional Rs 38 crore in fresh capital led by growX Ventures, along with participation from existing investors. The com...
14.05.2026Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsSynopsis Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A...
10.03.2026Progcap extends ₹10,000 crore credit to women entrepreneurs-
17.02.2026Progcap in talks for $100 million funding round, likely to be led by TPG: SourcesSynopsis Progcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by global alternate assets manager TPG. Japanese financial services major Mitsubishi UFJ Financi...
17.02.2026Grapevine: Fast&Up, Progcap in advanced funding discussionsPremium Sports nutrition brand Fast&Up has drawn interest from Venturi Partners and Elev8 Venture Partners for its ongoing $70 ...... This is a Premium article. Please subscribe or log in to read the full story! Here's a selection of ou...
17.01.2026From build to buy: Indian startups chase scale through overseas acquisitions-
01.09.2025Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinksPremium Pallavi Shrivastava and Himanshu Chandra, founders, Progcap Fintech firm Progcap, which is backed by investors such as Tiger Global, Peak XV Partners, and Google has posted a consolidated net profit in the first quarter of the finan...
12.12.2024The New Frontier: Venture Capital's Bold Moves in Tech and FinanceIn the world of venture capital, the landscape is shifting. New players are emerging, and established firms are doubling down on their commitments. The latest funding rounds tell a story of ambition, innovation, and a relentless pursuit of ...
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