Progcap, a New Delhi-based Business-to-Business (B2B) lending platform, has raised $40 million, in an extension of its Series C funding round, according to ETtech report. Existing investors Creation Investments, Tiger Global Management and Sequoia Capital led the funding round, with Google joining in as a new investor. The company raised $30 million in the first…
Delhi-based technology-driven lending marketplace – Progcap has announced the appointment of Ashish Gupta as the Chief Product & Technology Officer. Backed by Sequoia Capital and Tiger Global Management, Progcap provides financing capital for underserved micro and small businesses in India. An alumnus of IIT Delhi, Ashish Gupta has spearheaded several C-Level Tech roles with stints…
Fintech platform Progcap has announced that it has raised $30 million in Series C funding round. The round saw participation from existing investors including Tiger Global Management, Creation Investments and Sequoia Capital India. Speaking on the announcement, Co-founders of Progcap, Pallavi Shrivastava and Himanshu Chandra, stated, “The recent funding round will help us allocate resources…