Progcap

Progcap reported operating revenue of Rs 26.4 crore for FY22 (2021-22), a more than fourfold increase over FY21 (2020-21), when it generated Rs 5.9 crore from operations, according to the company's regulatory filings with the Ministry of Corporate Affairs (MCA).

Google invests in Progcap as part of $40 million round, startup now valued at $600 million

The round takes the total fundraise by Progcap in the past year to $95 million.

Progcap raises $30 million funding from Tiger Global, Creation Investments and others

Progcap, which has raised $55 million in total since the last three months, will use the new capital to accelerate its vision of building a broader and deeper supply chain banking platform for its merchants and corporate network in India, it added.

Progcap raises $25 millon funding from Sequoia Capital India, Tiger Global

The company will deploy the proceeds from the series B round to enhance its services and expand the brand’s presence across existing geographies, a statement said.