NeoGrowth

Mumbai, India Founded: 2011 • Age: 15 yrs
Digital credit platform providing financial solutions to underserved small- and micro- retailers
Annual revenue $42.5M Latest available
Total funding $147.3M 16 rounds
Employees 664 Tracked headcount
Investors 25 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About NeoGrowth

NeoGrowth is a company based in Mumbai (India) founded in 2011. NeoGrowth has raised $147.31 million across 16 funding rounds from investors including Vivriti Capital, 360 One and LeapFrog Investments. The company has 664 employees as of October 08, 2025. NeoGrowth operates in a competitive market with competitors including Fino Paytech, InstantPay, Queekpay, Truhome Finance and GST Jan Seva Kendra, among others.

  • Headquarter Mumbai, India
  • Employees 664 as on 08 Oct, 2025
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Neogrowth Credit Private Limited
  • Date of Incorporation 17 May, 1993
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $42.48 M (USD)
    24.75
    as on Mar 31, 2019
  • Net Profit
    $605.58 K (USD)
    118.32
    as on Mar 31, 2019
  • EBITDA
    $12.31 M (USD)
    31.2
    as on Mar 31, 2019
  • Total Equity Funding
    $147.31 M (USD)

    in 16 rounds

  • Latest Funding Round
    $4.98 M (USD), Debt – Conventional

    Nov 26, 2024

  • Investors
  • Employee Count
    664

    as on Oct 08, 2025

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People of NeoGrowth

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Arun Kumar Nayyar
Founder & Chairman - NeoGrowth Credit Pvt. Ltd.
People
Deepak Goswami
Chief Financial Officer
People
Swapnali Londhe
Executive Finance Account

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Funding Insights of NeoGrowth

NeoGrowth has successfully raised a total of $147.31M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.98 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in NeoGrowth

NeoGrowth has secured backing from 25 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Vivriti Capital, 360 One and LeapFrog Investments.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Impact investing is managed through private equity by Symbiotics Group.
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Venture debt and private equity investments are provided by MicroVest.
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Investor details for NeoGrowth

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Investments & Acquisitions by NeoGrowth

Investments
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Investment portfolio details for NeoGrowth

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Financial Statements - NeoGrowth

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Detailed financials for NeoGrowth

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Neogrowth Comparisons

NeoGrowth Primary company
Description
Digital credit platform providing financial solutions to und...
Location
Mumbai, India
Founded Year
2011
Annual Revenue
$42.48 M (USD)
Net Profit
$605.58 K (USD)
EBITDA
$12.31 M (USD)
Employees
664
As of 2025
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Peer comparison for NeoGrowth

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Competitors of NeoGrowth

NeoGrowth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fino Paytech, InstantPay, Queekpay, Truhome Finance and GST Jan Seva Kendra, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Technology solutions for banking and financial sectors are provided.
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Digital banking solutions are provided for business operations and finances.
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Delivers comprehensive software solutions for banking management.
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Provides home loans, property loans, and balance transfers to customers in India.
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Platform for banking, bill payments, taxation, and recharge services in rural areas.
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Detailed competitors of NeoGrowth

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Latest news on Neogrowth

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Complete news archive for NeoGrowth

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Frequently Asked Questions about NeoGrowth

NeoGrowth was founded in 2011 and raised its 1st funding round 2 years after it was founded.

NeoGrowth is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

NeoGrowth is a funded company, having raised a total of $147.31M across 16 funding rounds to date.

As of Oct 08, 2025, the latest employee count at NeoGrowth is 664.

Annual revenue of NeoGrowth is $42.48M as on Mar 31, 2019.

NeoGrowth was founded in 2011 in Mumbai, India, as a digital credit platform focused on the fintech sector. Collateral-free business loans are extended to micro, small, and medium enterprises, particularly underserved retailers. Operations center on a digital banking platform that leverages technology and payment data to deliver tailored financial solutions for sectors including restaurants, pharmacies, apparel shops, and other small businesses across India.

NeoGrowth's top competitors include Fino Paytech, InstantPay and Queekpay.

NeoGrowth has 25 investors. Key investors include Vivriti Capital, 360 One, LeapFrog Investments, Accion, and Triodos Bank.

The valuation of NeoGrowth is $102.5M as of Jun 2022.

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