Progcap

Fintech · New Delhi, IN

Supply-chain financing and credit platform for small retailers.

Founders

Pallavi Shrivastava (India · ♀) — After 15 years in SME financing including leading IFC's South Asia inclusive-business program, she co-founded Progcap in 2017 to give underserved small retailers collateral-free working capital.
Himanshu Chandra (India · ♂) — Spent over a decade across Standard Chartered, Barclays and Carlyle before co-founding Progcap in 2017 to digitize working-capital lending to tier 2-4 retailers.
Pranav Raj (India · ♂) — Co-founded Progcap in 2017 to build collateral-free supply-chain financing for small Indian merchants.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Oct 2022	Series C Supply-chain financing startup Progcap raised $10M from Beams Fintech Fund as part of its Series C round.	$10M
Jun 2022	Series C Retail financing startup Progcap raised $40M in a follow-on Series C co-led by Creation Investments and Tiger Global, with Google participating as a new investor.	$40M
Oct 2021	Series C Fintech Progcap raised a $30M Series C led by Tiger Global and Creation Investments, with Sequoia and GrowX.	$30M
Jun 2021	Series B Retail-financing fintech Progcap raised a $25M Series B led by Tiger Global with Sequoia Capital India.	$25M

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Data is community-curated and may be incomplete.