Progcap is a financial service company that provides financial opportunities for micro and small businesses in the last mile. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises. The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology.
Progcap was founded in 2017 and is headquartered in New Delhi, India. Since its inception Progcap has grown tremendously and its now a team of 400+ employees.
Progcap(Desiderata Impact Ventures Private Limited) is an award-winning financial technology firm that aims to revolutionize the path of providing financial access to underserved segments of the Indian retail economy and empower promising enterprises with capital for progress. We work across the entire retail ecosystem and supply chain with our end-to-end financial services and solutions.
