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The Fintech Partner India Turns to for Progress

Progcap(Desiderata Impact Ventures Private Limited) is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.

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Empowering Businesses
Across India

Progcap is a mission-driven inclusive technology platform that focuses on digitising supply chains & facilitating access to finance for last mile retailers. We facilitate credit, payments, business management etc. among other services for our customers.

Retailer Icon
800K+

Retailers

Industry Icon
10+

Industries

Corporate Icon
75+

Corporates

Handshake Icon
10+

Supply Partners

Fintech Partner
500+

Presence in Cities

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Transform Your
Business with Progcap

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24*7
Customer
Support

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Enhance
profitability
and margin

Smart Returns

Smart
returns

Hassle free experience

Hassle free
experience

Join India's Fastest Growing Full Stack Digital Platform

Reach Us Now
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Mobile app of Progcap

One App for all your Payments & Financial Needs

Accolades

Gold Winner - SME Financier of the Year - Asia category

Progcap has been awarded the Gold Winner in the SME Financier of the Year - Asia category at the Global SME Finance Awards 2023

Fintech Rising Star of the year

Progcap got recognized as the Fintech Rising Star of the year at IFTA 2022

Women Leader in Fintech

Pallavi Shrivastava was awarded as the Women Leader in Fintech at IFTA 2022

Entrepreneur of the Year (Innovation in Financial Services) 2022

Pallavi Shrivastava has been recognized as the Entrepreneur of the Year (Innovation in Financial Services) at the Entrepreneur Awards 2022.

Fintech Woman Entrepreneur of the Year 2022

Pallavi Shrivastava awarded by Business World at Women Entrepreneur and Startup Awards

Start-up Woman Entrepreneur of the Year 2022

Pallavi Shrivastava awarded by Business World at Women Entrepreneur and Startup Awards

GOLD Winner - Product Innovation of the Year award

The Global SME Finance Forum at Madrid

‍Most Innovative Fintech Product

The National awards for Excellence in BFSI sector

Progcap listed on #SoonicornClub 2021: Top Fintech Startups in India

Series curated by Tracxn

Accolades

Fintech Rising Star of the year

Progcap got recognized as the Fintech Rising Star of the year at IFTA 2022

Women Leader in Fintech

Pallavi Shrivastava was awarded as the Women Leader in Fintech at IFTA 2022

Entrepreneur of the Year (Innovation in Financial Services) 2022

Pallavi Shrivastava has been recognized as the Entrepreneur of the Year (Innovation in Financial Services) at the Entrepreneur Awards 2022.

Fintech Woman Entrepreneur of the Year 2022

Pallavi Shrivastava awarded by Business World at Women Entrepreneur and Startup Awards

Start-up Woman Entrepreneur of the Year 2022

Pallavi Shrivastava awarded by Business World at Women Entrepreneur and Startup Awards

GOLD Winner - Product Innovation of the Year award

The Global SME Finance Forum at Madrid

‍Most Innovative Fintech Product

The National awards for Excellence in BFSI sector

Progcap listed on #SoonicornClub 2021: Top Fintech Startups in India

Series curated by Tracxn

Hear What Our Partners
Have to Say

Tiwari Telecom
Tiwari Telecom
MP

I found Progcap to be very beneficial for my business. Earlier during the festival season, we used to face a stock shortage because our distributor used to hesitate in increasing our credit. With Progcap we are able to stock up properly during the festive season.

Revankar Electronics
Revankar Electronics
Karnataka

I found the decision of using Progcap for my business to be great overall. Their system functions smoothly, and it is a good base to help us grow our business. As a customer, our experience has been great with the user-friendly mobile app and their cooperative staff.

Care & Care
Care & Care
Haryana

I am on good business terms with Progcap. The team is extremely helpful. Their service has helped increase my business - my dealer points have increased and my collections have become faster. This Diwali, I wouldn’t have been able to run my business well, if I didn’t have their finance facility. Thank you Progcap.

Pankaj Jha
Pankaj Jha
Maharashtra

Progcap is not just a financing partner but our growth partner. It helps empower our retailers and distributors in this competitive digital age. With added liquidity retailers are able to stock more leading to high over-the-counter sales. The best part is their swift onboarding process. Our distributors and retailers love Progcap’s service and there is constant inbound demand from them.

Alok Distributors
Alok Distributors
North India

I have been a happy customer of Progcap for almost 3 years now. In the last three years our retailers were dependent heavily on their own working capital and CC accounts backed by their own securities. With Progcap coming in , our retailers could get channel finance based on their transaction history with us. Progcap's program turned finance into profits for our retailers.

Kshitij Auto Wheelers
Kshitij Auto Wheelers
UP

I’ve noticed that earlier we couldn’t build up our stock in our network. But that’s possible now because of Progcap. We had to pay a lot of outstanding amounts to our network due to less credit, which has now reduced to a great extent.

Progcap in News

Live Mint Google joins Progcap

Google joins Progcap as new investor in its $40 mn round

Read More
ET India's women leaders

India's women leaders in BFSI

Read More
Techcrunch - Google backs Progcap

Google backs Progcap, a startup delivering working capital to small retailers in India

Read More
Co Lending Inevitable marrige

Co-lending is an inevitable marriage of NBFCs and FinTechs, say leaders

Read More
Indian Soonicorns

Indian Soonicorns: 15 FinTechs set to join the Unicorn club in 2022

Read More
YourStory

Tiger Global-backed fintech startup Progcap eyes 1M users by the end of 2022

Watch Video
ET NOW

Fintech startup Progcap raises $25MN; funded by Tiger Global & Sequoia | StartUp Central

Watch Video
CNBC TV -18

Progcap Raises $25 Million Series B Funding From Tiger Global, Sequoia Capital | Startup Street

Watch Video
Money Control

Why the fintech lending industry will have a tough time in the months to come

Read More
Business Insider

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

Read More
IBS Intelligence

Ujjivan Small Finance Bank announces partnership with Progcap

Read More
ETCIO

Fintech industry accelerates financial inclusion, to push faster digital adoption

Read More
ETCIO

Fintech industry accelerates financial inclusion, to push faster digital adoption

Read More
Business World

Fintech Startup Progcap Secures an Investment of $5 million, Led by Sequoia India

Read More
Business Standard

Progcap awarded at Global SME Finance Forum 2018

Read More
Live Mint Google joins Progcap

Google joins Progcap as new investor in its $40 mn round

Read More
ET India's women leaders

India's women leaders in BFSI

Read More
Techcrunch - Google backs Progcap

Google backs Progcap, a startup delivering working capital to small retailers in India

Read More
Co Lending Inevitable marrige

Co-lending is an inevitable marriage of NBFCs and FinTechs, say leaders

Read More
Indian Soonicorns

Indian Soonicorns: 15 FinTechs set to join the Unicorn club in 2022

Read More
YourStory

Tiger Global-backed fintech startup Progcap eyes 1M users by the end of 2022

Watch Video
ET NOW

Fintech startup Progcap raises $25MN; funded by Tiger Global & Sequoia | StartUp Central

Watch Video
CNBC TV -18

Progcap Raises $25 Million Series B Funding From Tiger Global, Sequoia Capital | Startup Street

Watch Video
Money Control

Why the fintech lending industry will have a tough time in the months to come

Read More
Business Insider

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

Read More
IBS Intelligence

Ujjivan Small Finance Bank announces partnership with Progcap

Read More
ETCIO

Fintech industry accelerates financial inclusion, to push faster digital adoption

Read More
Business World

Fintech Startup Progcap Secures an Investment of $5 million, Led by Sequoia India

Read More
Business Standard

Progcap awarded at Global SME Finance Forum 2018

Read More
TOI

Fintech startup Progcap raises Rs 7 crore in seed funds

Read More
VC Circle

Sequoia-backed Progcap raises debt round led by Stride Ventures

Read More
Business Standard

Progcap raises $30 mn in Series C funding led by Tiger Global, Creation

Read More
ETtech

Progcap gets $25 million from Tiger Global, Sequoia Capital India

Read More
YourStory

Started by bankers, this fintech startup has disbursed Rs 1,500 Cr in loans to SMEs and retailers

Read More

Hear What Our Partners
Have to Say

Tiwari Telecom
Ratlam - MP

I found Progcap to be very beneficial for my business. Earlier during the festival season, we used to face a stock shortage because our distributor used to hesitate in increasing our credit. With Progcap we are able to stock up properly during the festive season.

Revankar Electronics
Samsung - Karnataka

I found the decision of using Progcap for my business to be great overall. Their system functions smoothly, and it is a good base to help us grow our business. As a customer, our experience has been great with the user-friendly mobile app and their cooperative staff.

Care & Care
Godrej Distributor - Haryana

I am on good business terms with Progcap. The team is extremely helpful. Their service has helped increase my business - my dealer points have increased and my collections have become faster. This Diwali, I wouldn’t have been able to run my business well, if I didn’t have their finance facility. Thank you Progcap.

Pankaj Jha
Finshell Oppo Group Company

Progcap is not just a financing partner but our growth partner. It helps empower our retailers and distributors in this competitive digital age. With added liquidity retailers are able to stock more leading to high over-the-counter sales. The best part is their swift onboarding process. Our distributors and retailers love Progcap’s service and there is constant inbound demand from them.

Alok Distributors
Orient Fans - North India

I have been a happy customer of Progcap for almost 3 years now. In the last three years our retailers were dependent heavily on their own working capital and CC accounts backed by their own securities. With Progcap coming in , our retailers could get channel finance based on their transaction history with us. Progcap's program turned finance into profits for our retailers.

Kshitij Auto Wheelers
Hero Motors - UP

I’ve noticed that earlier we couldn’t build up our stock in our network. But that’s possible now because of Progcap. We had to pay a lot of outstanding amounts to our network due to less credit, which has now reduced to a great extent.

Tiwari Telecom