Neogrowth

Neogrowth

  • FOUNDING YEAR: 2010
    LOCATION:
    India
    REGION:
    Maharashtra
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Short term business loans & working capital loans against debit/credit card and pos terminal sales data.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Over 2000 Small & medium businesses all across India
EXISTING PARTNERSHIPS:
Flipkart, Snapdeal - To increase their client base
COMMENT
They offer flexible repayment tenure, with no obligation of a fixed EMI which reduces the financial burden of the SMEs

PEOPLE

MEDICI analysts will analyze Neogrowth soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$90.8 Millions
DATE OF LAST FUNDING:
Sep 2019
FUNDING SERIES:
SERIES C
$7 Millions Closed: Aug 2015
Others
$83.8 Millions Closed: Jan 2018
DEBT FUNDING:
$17 Million
LISTED:
NO
COMMENT:
Venture fund: $36.6 M (July 2016)

MOST VIEWED RESEARCH


RECENT RESEARCH