Indian fintech startup Progcap raises $30m co-led by Tiger Global

Indian fintech startup Progcap raises $30m co-led by Tiger Global

Pallavi Shrivastava and Himanshu Chandra, Co-founders, Progcap

Financing solutions startup, Progcap on Monday said it has raised $30 million in primary equity capital as part of its Series C investment round led by existing investor, Tiger Global Management and new investor Creation Investments.

Sequoia Capital India, which led the last two funding rounds for Progcap, also participated in this financing. The current round of funding comes just three months after the startup raised $25 million as a part of its Series B round led by existing investors Sequoia India and Tiger Global.

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