News > MSME-focused fintech startup NeoGrowth closes Rs 300 Cr Series D round led by FMO
MSME-focused fintech startup NeoGrowth closes Rs 300 Cr Series D round led by FMO
15/12/2022 04:03 PM | Click to read full article
NeoGrowth, the Mumbai-based MSME-focused digital lender, raised Rs 160 crore from FMO, the Dutch entrepreneurial development bank. Existing investors also participated in the round, taking the total amount raised in the Series D round to about Rs 300 crore. NeoGrowth is backed by investors, including Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion Fund – Quona Capital, IIFL Seed Ventures Fund, WestBridge, and Leapfrog Investments.
