GrowXCD funding, investors and company details

GrowXCD is an emerging Banking and Finance startup from Chennai, working in the space of offers customized loan options to MSMEs and salaried professionals in southern India's tier-II and tier-III towns. Founded by Arjun Muralidharan, Sathish Kumar Vijayan.

Company: Growxcd Finance Private Limited
Sector: Banking and Finance
Location: Chennai
Founders: Arjun Muralidharan, Sathish Kumar Vijayan

Company overview

GrowXCD, which was introduced in 2022, offers customized loan options to MSMEs and salaried professionals in southern India's tier-II and tier-III towns. With an emphasis on accessibility and financial inclusion, the company runs 67 branches throughout Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Puducherry. By March 2026, GrowXCD hopes to increase its assets under management (AUM) from ₹300 crore to ₹500 crore thanks to its regional network and customer-centric strategy.

Funding rounds

Latest round: ₹200.00 Cr. ($ 22.75 Mn), 2025-10-01. Investors: Blue Earth Capital, Prosus Ventures
Past round: ₹50.00 Cr. ($ 5.78 Mn), 2025-01-30. Investors: Lok Capital, UC Impower
Past round (Series A): ₹50.00 Cr. ($ 6.00 Mn), 2023-11-27. Investors: Lok Capital