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
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Neogrowth Credit Private Limited
- Date of Incorporation 17 May, 1993
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$42.48 M (USD)24.75as on Mar 31, 2019
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Net Profit
$605.58 K (USD)118.32as on Mar 31, 2019
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EBITDA
$12.31 M (USD)31.2as on Mar 31, 2019
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Total Equity Funding
$147.31 M (USD)
in 16 rounds
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Latest Funding Round
$4.98 M (USD), Debt – Conventional
Nov 26, 2024
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Investors
Vivriti Capital
& 24 more
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Employee Count
664
as on Oct 08, 2025
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People of NeoGrowth
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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.
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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
Investment portfolio details for NeoGrowth
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Financial Statements - NeoGrowth
Detailed financials for NeoGrowth
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Neogrowth Comparisons
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.
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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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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.