Progcap
Financial ServicesDelhi, India501-1000 Employees
Progcap is a mid-sized financial services technology company based in Hauz Khas, Delhi, India. It focuses on inclusive financing to unlock the potential of micro and small enterprises at the last mile by offering affordable, customized working capital and by digitizing their supply chains. The firm uses a technology-driven approach to underwrite credit and deliver financing to retailers who are underserved by traditional banks in smaller towns and rural areas, providing collateral-free working capital. Its target customers are micro and small retailers who lack access to conventional financing, and Progcap integrates funding with digitized supply chains to improve liquidity and supplier relationships. Operating in India's financial services landscape, the company positions itself within supply-chain finance by serving underserved markets through its technology-enabled underwriting and distribution model.
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