Considering its enormous role in employment and revenue growth, the MSME sector is regarded as a cornerstone of the nation's economy. A third of India's GDP comes from the Micro, Small and Medium Enterprises (MSME) sector, which accounts for approximately...

Small businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existing investors. Of the fresh equity capital, Rs 160 crore has been pumped in by the Dutch lender, NeoGrowth said in a...

Data from a private survey has shown that the credit demand from women-led MSMEs doubled by the end of the festive months of 2022 as compared to the pre-Covid-19 festive season of July - October 2019. According to a NeoGrowth...

NeoGrowth has received coverage in The Economic Times BFSI, in the industry article titled, What’s the future of cash flow-based credit underwriting for MSMEs?. Cash flow-based credit is the new normal in the MSME industry. The evolving digital ecosystem for financial services...