Progcap is a financial service company that provides financial opportunities for micro and small businesses in the last mile. It also uses a mix of technology and its unique delivery model to underwrite credit and thus provide the underbanked semi-urban and rural retailers in India access to flexible, collateral-free working capital. The company also offers finance and supply chain-based solutions for micro and small enterprises. The lending platform risk models these businesses using non-traditional ecosystem data creating credit scores for customers. The company mission is to empower these customers by providing them affordable and timely credit leveraging world-class technology.
Progcap was founded in 2017 and is headquartered in New Delhi, India. Since its inception Progcap has grown tremendously and its now a team of 400+ employees.