Google & Tiger Global-backed fintech start-up Progcap disburses Rs 3,000 crore worth loans

Google-backed supply chain financing start-up, Progcap, announced that it has disbursed Rs 3,000 crore worth of loans during the Diwali season, an uptick of 300 per cent as compared to the year-ago season. The company also claimed that it turned profitable in the second quarter of FY2023 (July-August-September). A few weeks ago, the company raised …

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