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Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.- Progcap's progshakti reports 105% surge in women’s credit limits, fuelling tier 2 & 3 MSME growthWomen entrepreneurs in India face significant hurdles in accessing formal credit. Progcap's ProgShakti initiative is bridging this gap by o...
- Progcap enables Rs 10,000 cr of credit to women entrepreneurs under collateral-free loan progFintech firm Progcap has facilitated over Rs 10,000 crore in credit to women entrepreneurs through its ProgShakti initiative. Launched in M...
- ET Startup Awards 2025 | Midas Touch: Ashish Agrawal’s golden touch seems to Groww and thriveThe jury picked Ashish Agrawal, managing director at Peak XV Partners (formerly Sequoia Capital), for the honour. Agrawal’s standout bet ha...
- ET Startup Awards 2025 | Woman Ahead: Diving deep with AI for prizeIn a close race between supply chain financier Progcap’s Pallavi Shrivastava and Atlan’s Prukalpa Sankar, the jury noted the latter’s rare ...
- ET Startup Awards 2025: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
- ET Startup Awards 2025: Nominees for Woman AheadAs the name suggests, this award recognises women who have started their own ventures and are giving the best in the business a run for the...
- Progcap aims Rs 3,000 crore AUM, loan sanction of Rs 5,200 crore by fiscal-endProgcap, an MSME fintech, aims to exceed Rs 3,000 crore in AUM by fiscal year-end. This growth is fueled by high demand for formal MSME cre...
- Supply chain finance startup Vayana bags NBFC licence, set to raise $20 millionVayana secured an NBFC licence from RBI, enabling co-lending partnerships. Backed by PayU, it seeks $20 million funding. Founded in 2017, V...
- Public sector banks eye fintech tie-ups for MSME loansPublic sector banks are strengthening fintech partnerships to boost MSME lending amid a government push. Co-lending models and digital solu...
- Gemba Capital ropes in banking expert Somak Ghosh in its advisory boardGhosh brings more than 30 years of experience across corporate and development banking, venture capital. He started his career in 1993 and ...
- ET Soonicorns Summit 2023: The next frontier in India’s dynamic fintech spaceSynopsis: As Fintech 2.0 players redefine the scope of the ever-evolving ‘finance for all’ space, experts shared insights into the next fro...
- India’s future unicorns worth $49 billion: Hurun Research Institute reportThe report by the research house is a ranking of privately held Indian startups that were founded after the year 2000, worth at least $200 ...
- Industry wants Budget to bring better credit schemes, GST rationalisation and lower cost of capital for MSMEsFinancial woes and resource crunch continue to plague small businesses, and the pandemic has only aggravated these concerns. The Budget nee...
- Progcap raises $30 million funding from Tiger Global, Creation Investments, othersThe newly infused capital will be used by the company to expand and deepen its supply chain banking platform for its merchants and corporat...
- Progcap gets $25 million from Tiger Global, Sequoia Capital IndiaProgcap, which provides financing solutions for last-mile retailers, has raised $25 million in a Series B funding round led by Tiger Global...
- Stride Ventures leads Rs 10 crore debt round in Sequoia-backed ProgcapProgcap will look to strengthen its ties with banks and corporates by leveraging Stride’s network.
- Fintech industry accelerates financial inclusion, to push faster digital adoptionThe rapid growth of fintech players has helped in accelerating financial inclusion and new age technologies like AI and ML will further qui...
- RBI’s move to restructure MSME loans step in the right direction, but does not go far enoughThe heart of the matter is not liquidity but demand revival as that is what will translate to normalcy eventually.
- Fintech startup Progcap raises $5 million in series A fundingThe round was led by Sequoia India, with participation from MV Nair, Chairman of CIBIL, Sandeep Tandon, ex- founder of Freecharge along wit...
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