2023 Revenue
$55.9M
Funding
$0
Team
437
Founded
2016
How Progcap CEO Pallavi Shrivastava grew to $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.
Last updated
Progcap Revenue
In 2023, Progcap's revenue reached $55.9M. Since its launch in 2016, Progcap has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Progcap Hit $55.9m revenue in December 2023 | |
| 2016 | Launched with $0 revenue |
Progcap Valuation, Funding Rounds
Progcap is a bootstrapped Supply Chain Management Software startup. Founded in 2016, Progcap has grown to $55.9M in revenue without raising any venture capital or outside funding.
As a self-funded Supply Chain Management Software SaaS company, Progcap has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Progcap yet.
Progcap Employees & Team Size
Progcap employs approximately 437 people as of 2026, up from 378 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 437 employees (December 2023) |
| 2022 | Reached 378 employees (December 2022) |
Frequently Asked Questions about Progcap
What is Progcap's revenue?
Progcap generates $55.9M in revenue.
Who founded Progcap?
Progcap was founded by Pallavi Shrivastava.
Who is the CEO of Progcap?
The CEO of Progcap is Pallavi Shrivastava.
How much funding does Progcap have?
Progcap raised $0.
How many employees does Progcap have?
Progcap has 437 employees.
Where is Progcap headquarters?
Progcap is headquartered in New Delhi, India.
Compare Progcap to the industry
Progcap operates across multiple industries. Browse revenue, funding, and growth data for Progcap in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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