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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
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