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NeoGrowth Raises 85 Cr for Digital Lending | ByteBrief

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StartupsInc42about 2 hours ago

NeoGrowth Raises 85 Cr for Digital Lending

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NeoGrowth, a Mumbai-based MSME lending platform, raised ₹85 Cr ($8.8 Mn) in a debt and equity round led by Dutch bank FMO. Founded in 2012 by brothers Dhruv and Piyush Khaitan, the firm uses AI for underwriting and manages assets under management of nearly ₹2,000 Cr.

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