NeoGrowth funding, investors and company details

NeoGrowth is an emerging Banking and Finance startup from Mumbai, working in the space of RBI-registered non-banking financial company and pioneer in MSME digital lending. Founded by Dhruv Khaitan, Piyush Khaitan.

Company: NeoGrowth Credit Private Limited
Sector: Banking and Finance
Location: Mumbai
Founders: Dhruv Khaitan, Piyush Khaitan
Total funding raised: ₹85 Cr

Company overview

NeoGrowth is an Indian RBI-registered non-banking financial company and pioneer in MSME digital lending. It provides collateral-free and secured business loans to micro, small, and medium enterprises across over seventy industry segments, leveraging data science and technology-led underwriting to serve businesses that are often bypassed by traditional credit channels. Its proprietary digital platform enables quick loan processing and hassle-free disbursement, with flexible daily repayment options across multiple channels. The company has a pan-India presence, serving thousands of merchants and small business owners.

Funding rounds

Latest round: ₹85.00 Cr. ($ 8.78 Mn), 2026-10-09. Investors: Dutch development bank FMO, LeapFrog Investments