StartupsINVESTAnnounced
NeoGrowth raised ₹85 crore in a debt-and-equity round led by FMO
Mumbai, Maharashtra9 Oct 2026
MSME-focused lending platform NeoGrowth secured ₹85 Cr ($8.8 Mn) in a mix of debt and equity, led by Dutch development bank FMO with participation from LeapFrog Investments. The company said it will use the capital to scale its digital lending capabilities and expand access to credit for MSMEs.
Why it matters
The funding provides NeoGrowth additional capital to expand formal credit availability for MSMEs that often struggle to access traditional lending.
NeoGrowthFMOLeapFrog Investments