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NeoGrowth raises Rs 85 crore from FMO and LeapFrog to expand MSME lending.

PRIVATEOct 09, 2026

Amount Raised

₹850 Million

Round Type

Venture

MumbaiFinancial ServicesFinance

Investors

LeapFrog InvestmentsFmo

Description

NeoGrowth, an MSME lender, has raised Rs 85 crore in a mix of equity and debt from Dutch development finance institution FMO and existing investor LeapFrog Investments. The round comprises approximately 70% equity and 30% debt. The capital will be used to expand the company's loan book and support growth in lending to small, offline businesses including retailers, restaurants, and cafes.

Company Information

Company

NeoGrowth

Location

Mumbai, Maharashtra, India

About

NeoGrowth is a new-age digital lender, registered with RBI, focusing on Micro, Small, and Medium Enterprises (MSMEs). We offer a wide range of products tailored to the dynamic needs of small businesses. Our data science and technology-led approach enable us to offer quick and hassle-free loans to MSMEs across 80+ segments in 25+ cities in India. We offer a unique daily repayment option to our customers with multi-channel repayment modes. We have served and engaged with 1,00,000+ businesses and supported them with their growth ambitions.

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Related People

1 contact
Verified contactsDeepak G., CFO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for NeoGrowth's next move

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NeoGrowth raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.