“Can a technology-driven NBFC become the dominant embedded credit layer for India's 63-million-strong MSME ecosystem by embedding repayments directly into merchant payout rails?”
NeoGrowth Credit Private Limited was incorporated in 1993 but pivoted to become a fintech-driven MSME lending platform, using point-of-sale data and digital analytics to underwrite small business loans. The company pioneered daily repayment linked to merchant payment settlements (e.g., Zomato payouts for restaurant loans), differentiating from traditional term-loan structures. In 2022 it expanded from unsecured to secured lending, broadening its addressable market among India's MSME segment.
Neogrowth is founded in 1993 and headquartered in Mumbai, Maharashtra, India.
Neogrowth has raised Unknown in total (latest round: Equity + Debt round (Dec 2022 / Jan 2023)).
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