NeoGrowth raises Rs 85 Cr led by FMO
MSME-focused digital lender NeoGrowth has raised Rs 85 crore investment led by FMO, the Dutch entrepreneurial development bank, with participation from LeapFrog Investments.
Via YourStory
A statement said, the investment will support NeoGrowth's next phase of growth as it looks to expand access to credit for MSMEs, strengthen its digital lending capabilities and deepen its market presence.
Between April 2025 and July 2026, the company raised close to Rs 2,000 crore in debt funding from 18 lenders. The other investors in NeoGrowth include Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion Fund–Quona Capital, 360 ONE Asset, FMO, and LeapFrog Investments.
NeoGrowth was founded by Dhruv…
Courtesy
This story was originally published by YourStory. All rights belong to the original publisher.
Read the original on yourstory.com ↗