Top 5 Most Active Angel Investors in Mumbai Every Entrepreneur Should Know
Mumbai, often celebrated for its dynamic culture and economic prowess, is quickly emerging among the preferred startup destinations for investors and startups alike. Home to startups including Pepperfry, PharmEasy, Pine Labs, BookMyShow, CitiusTech, Dream11, Eruditus, Fino, Games 24×7, Haptik, Purplle, Shaadi.com, Upgrad, Upstox, and Zepto, Mumbai has firmly established itself […]
B2B Lending Platform Progcap Raises $40 Million As Part Of Series C
Progcap, a New Delhi-based B2B lending platform, has raised $40 million in an extension of its Series C funding round. Existing backers-Creation Investments, Sequoia Capital and Tiger Global Management led the round, with Google joining in as a new investor. The startup plans to use the fresh funds to support […]
Fintech Startup Progcap Raises $30M In Series C Funding
New Delhi-based fintech startup Progcap has raised $30 million in Series C funding round from existing investors- Tiger Global Management and Creation Investments. The funding round also saw participation from Sequoia Capital India, which had led the last two funding rounds for Progcap. The fintech startup plans to use the raised capital […]
Providing Last-Mile Financing Solutions, Fintech Startup Progcap Has Disbursed Rs 1,500 Cr In Loans To SMEs and Retailers
The Indian MSME sector is growing fast, with an increasing contribution to India’s GDP. As per the Confederation of Indian Industry (CII), MSMEs contribute 33.4% to India’s manufacturing output, 24.63% to the GDP from service activities and 6.11% to the manufacturing GDP. Despite such significant contributions, the MSME sector is […]
New Delhi-Based Fintech Startup ‘Progcap’ Raises Rs 10 Crore In Debt Funding
Progcap, a New Delhi-based fintech startup, has raised Rs 10 crore in a debt funding round from Stride Ventures, a venture debt fund. As per the startup, it aims to use the funding to increase its AUM and increase the penetration amongst retailers across the country. The startup will look […]