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NeoGrowth Credit is a non-deposit NBFC founded by Dhruv Khaitan and Piyush Khaitan.
NeoGrowth Credit Pvt. Ltd is an SME- focused lending fintech, leveraging the digital payments ecosystem. It is a systemically Important, Non-Deposit taking NBFC driving innovation with proprietary technology. NeoGrowth’s data science and technology led approach enables it to offer quick and hassle-free loans to MSMEs across 65+ segments. NeoGrowth offers a unique daily repayment option to its customers with multi-channel repayment modes. The company not only helps its customers grow but also drives financial inclusion making a positive social impact. NeoGrowth is backed by renowned investors, namely Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion Fund – Quona Capital, IIFL Seed Ventures Fund, WestBridge and Leapfrog Investments.
Legal Name
:
NeoGrowth Credit Pvt Ltd
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
Founding Date
:
2013
No. of Employees
:
501 to 1000
Core Team
:
1.
Arun Nayyar
Chief Executive Officer
2.
Piyush Khaitan
Founder & Managing Director
3.
Dhruv Khaitan
Founder & Chairman
Total Funding
$90.7M
Investors
:
1.
Khosla Impact
2.
IIFL Seed Ventures Fund
3.
Omidyar Network
4.
Lightrock
See More
$20M
Series Name
:
OTHER
Date
:
1st Nov 2022
Investors
:
1.
U.S. International Development Finance Corp
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
Frequently Asked Questions
Mobicule Technologies, the Mumbai-based BFSI fintech company specializing in full stack phygital debt collection and recovery platform, has been a trusted partner to India's banking and financial services sector for over 18 years. Incorporated in September 2008 and headquartered in Andheri, Mumbai, the company began as a pioneer in mobile field force technology, with some of the country's largest mobile field force deployments across sales and distribution, telecom, and BFSI. It has evolved over nearly two decades into a focused specialist, orchestrating complete debt recovery lifecycles from the first digital nudge to final legal resolution. Mobicule's approach centers on the ""phygital"" model, a deliberate blend of digital technology, human contact centre and field presence designed to make collections faster and fully compliant without eroding customer relationships.
