Amount Raised
₹3 Billion
Round Type
Funding Round
MumbaiFinancial ServicesFinanceDescription
Small businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existing investors. Of the fresh equity capital, Rs 160 crore has been pumped in by the Dutch lender, NeoGrowth said in a statement on Thursday.
Quick answer
NeoGrowth raised ₹3 Billion in a Funding Round round, dated December 15, 2022. NeoGrowth is based in Mumbai, Maharashtra, India.
- How much did NeoGrowth raise?
- NeoGrowth raised ₹3 Billion in a Funding Round round on December 15, 2022.
- What does NeoGrowth do?
- NeoGrowth is a new-age digital lender, registered with RBI, focusing on Micro, Small, and Medium Enterprises (MSMEs).
- Where is NeoGrowth based and how big is it?
- NeoGrowth is based in Mumbai, Maharashtra, India. Fundz records about 501 employees.
- Who are the decision-makers at NeoGrowth?
- Fundz holds 1 contact at NeoGrowth, including the CFO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as NeoGrowth that raised within 45 days of this round, from Fundz verified event records.
- Streamex Corp. raised $234K (Seed) on January 25, 2023.
- NewtekOne raised $50M (Funding Round) on January 24, 2023.
- Vartana raised $12M (Funding Round) on January 24, 2023.
- DailyPay raised $260M (Funding Round) on January 24, 2023.
- Zenfi raised an undisclosed amount (Funding Round) on January 23, 2023.
- Streamex Corp. raised $1.9M (Seed) on January 23, 2023.
Who to call at NeoGrowth, and when
A new round usually means NeoGrowth is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NeoGrowth raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NeoGrowth, from your own LinkedIn network
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Related People
NeoGrowth raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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