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PROGCAP FUNDING
Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...- 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.
- New-age cos deliver; AI Summit sparks capital pushHappy Tuesday! New-age tech firms reported strong December quarter results. This and more in today’s ETtech Morning Dispatch.
- Progcap in talks for $100 million funding round, likely to be led by TPG: SourcesProgcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by g...
- 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...
- 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 ...
- ETtech Deals Digest: no big-ticket funding this weekConsumer electronics startup Arzooo raised $70 million, the largest amount this week.
- 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 ...
- B2B lending platform Progcap raises $40 million in fundingExisting backers Creation Investments, Tiger Global Management and Sequoia Capital led the round, with Google joining in as a new investor.
- Tiger Global, others invest $75 million in Money ViewMoney View will use the fresh funding to - scale the core credit business, grow the team, and expand its product portfolio with services li...
- 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...
- PharmEasy’s new backers, Facebook whistleblower revealedPharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.
- 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 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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