You are here: Home » Companies » News
Why is India Inc seeing a surge in shareholder activism?
Allegro Capital named in Pandora Papers: What was the Sebi order about?
Business Standard

Progcap raises $30 mn in Series C funding led by Tiger Global, Creation

Progcap has raised $55 million in total since the last three months and is positioned as the largest fintech in the corporate-led retailer financing space in India

Topics
funding | Fintech sector | Fintech start-ups

BS Reporter  |  Mumbai 



The founders, Pallavi Shrivastava and Himanshu Chandra
The founders, Pallavi Shrivastava and Himanshu Chandra

Progcap, the corporate-led last mile financing facility provider in India, has raised $30 million in primary equity capital as part of its Series C investment round led by existing investor, Tiger Global Management and Creation Investments. Sequoia Capital India, which led the last two rounds for Progcap, also participated in this financing.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, October 04 2021. 12:45 IST

RECOMMENDED FOR YOU

.