Progcap
New Delhi, India
How Progcap hit $55.9M revenue with a 437 person team in 2023.
Progcap, otherwise known as Desiderata Impact Ventures Private Limited, stands as a pioneering inclusive financing technology firm, deeply committed to redefining the financial landscape for micro and small enterprises, particularly those situated in remote and underserved regions. With a clear vision, Progcap aims to catalyze significant, positive transformations among millions of these enterprises by offering them affordable, tailored financing solutions and by modernizing their supply chains through digitization. Leveraging sophisticated technology alongside its distinctive delivery model, Progcap specializes in underwriting credit, thereby facilitating access to flexible, collateral-free working capital for the underbanked semi-urban and rural retailers in India. This innovative approach not only bridges the prevailing financial gap experienced by these retailers but also supports their growth and integration into the broader economic framework, ensuring a more inclusive financial ecosystem. Progcap’s sustained efforts in harnessing technology for financial inclusion embody its commitment to empowering the underserved segments of the economy, illustrating a scalable model of development that promises prosperity not just for individual enterprises but for the larger community as well.
2016
Founded
$55.9M
2023 Revenue
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YOY
$0
Funding
Progcap Revenue
In 2023, Progcap revenue run rate hit $55.9M in revenue.
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2023
Progcap hit $55.9M in revenue in 2023
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2016
Progcap launched in 2016 with $0 revenue
Progcap Funding History
No funding has been reported for Progcap yet.
Team
Progcap has 437 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 437 |
Founder / CEO
Pallavi Shrivastava
Q&A
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Customers
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Progcap Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Pallavi Shrivastava | CEO | [email protected] | - |
Progcap Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Pallavi Shrivastava | CEO | [email protected] | - |
Frequently Asked Questions about Progcap
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When was Progcap founded?
Progcap was founded in 2016.
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How much revenue does Progcap generate?
Progcap generates $55.9M in revenue.
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Who is the CEO of Progcap
The CEO of Progcap is Pallavi Shrivastava.
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How much funding does Progcap have?
Progcap raised $0.
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How many employees does Progcap have?
Progcap has 437 employees.
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Where is Progcap headquarters?
Progcap is headquartered at New Delhi, India
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