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Neogrowth
company
About
NeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.
- 101 - 250
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- ₹3B
- Industries
- Business Development,Finance,Financial Services,Market Research
- Founded date
- Jan 1, 2011
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Neogrowth operates as a non-banking financial company, it is focused on meeting the financial needs of small businesses which sell goods and services to consumers. It offers business financing services to small- and medium-sized retail companies that sell apparel, consumer durables and electronic items, footwear and accessories, handicrafts, gifts, and optical goods as well as to restaurants, beauty salons, hotels, gymnasiums, and health diagnostic centers. Neogrowth was established in 2011 by Dhruv Khaitan and Piyush Khaitan in Mumbai, Maharashtra.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
₹6B $35M
Neogrowth has raised a total of
₹6B $35M
in funding over 2 rounds. Their latest funding was raised on
Dec 15, 2022 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 15, 2022 | Series D | ₹3B | 1 | — | — | Detail |
| Jan 24, 2018 | Series Unknown | ₹3B | 1 |
LeapFrog Investments
|
— | Detail |
| Jul 4, 2016 | Series C | $35M | 1 |
IIFL Finance
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
2
Neogrowth is funded by 2 investors.
IIFL Finance
and LeapFrog Investments
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
IIFL Finance
|
Yes | Series C |
|
LeapFrog Investments
|
— | Series D |
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