70% MSMEs believe UPI will be the driver of retail sales
Jul / 31 / 2023
Seventy per cent of MSMEs believe more than half of their retail sales will be via UPI, was the key revelation of the NeoInsights study titled ‘Decoding Digital Payments: A Retailer Perspective’, released today by NeoGrowth, an MSME-focused digital lender...
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MSME lender NeoGrowth’s AUM grows to over Rs 1,800 crore in FY23; loans disbursed up 30% by value
Jul / 31 / 2023
Digital lending non-banking financial company focused on MSMEs NeoGrowth has reported growth in its assets under management (AUM) to Rs 1,850 crore for the financial year 2022-23 from Rs 1,550 crore in FY22. In terms of disbursements, the company disbursed...
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Beyond The Plastic Smiles
Jul / 31 / 2023
NeoGrowth was featured in the print edition of Business Standard, basis the findings of the NeoInsights report, ‘Decoding Digital Payments: A Retailer Perspective.’ The article shows some of the findings of the report and features a quote by our MD...
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Growth-hungry NBFCs want a bigger share of MSME loan market
Jul / 31 / 2023
For years, commercial banks have dominated lending to Micro, Medium and Small Enterprises (MSMEs). They are now confronting competition from Non-Banking Financial Companies, or shadow banks as they are known, which are turning more aggressing in funding MSMEs. By all...
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How tech-powered loans are empowering MSMES keep pace with a rapidly-changing world
Jul / 31 / 2023
In today’s digital era, consumers expect the highest level of service–be it their food or grocery delivery, ticket bookings, cab bookings, and even their financial needs. ‘Speed’ has become the key ingredient today, and technology, specifically fintech, has made our...
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Exclusive: Selecting a brand ambassador – an insightful walk-through with Arun Nayyar, MD & CEO – NeoGrowth
Jul / 31 / 2023
Young marketers often ask us how promising brands without big marketing budgets choose the right brand ambassador who walks and talks like the brand and inspires both internal and external constituents. So we decided to reach out to Arun Nayyar,...
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WORLD MSME DAY 2023: Decoding Irreplaceable Role Of NBFCs
Jul / 31 / 2023
Just like any business, micro, small, and medium enterprises (MSMEs) need funding to go about their daily operations. Over the years the government has brought big changes to cater to the wants and needs of MSMEs with schemes and guarantees...
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Our MD & CEO, Mr. Arun Nayyar, shares the various initiatives undertaken at NeoGrowth to empower its people for their holistic development and collective success at the workplace.
Jul / 31 / 2023
Newsheadlines continually show us that we are a hugely heterogeneous country. While we may talk about our demographic dividend, we surely have a huge population of elderly people, many of whom are excluded from the growing variety of financial services....
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NeoGrowth: Transforming Learning into Innovation
Jul / 26 / 2023
Ravi Lalwani: Every organization has top-down learning programs, where an expert comes and trains the employees. At the same time, employees are learning things, especially when interacting with customers, and many of these learnings can be incorporated into new products,...
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How are digital payments helping MSMEs manage their loan repayments
Jul / 21 / 2023
Digital payments have revolutionized the financial landscape in India in recent years, propelled by a burgeoning fintech ecosystem and the government’s push for financial inclusion. The recent NPCI data reveals that there has been over a 200% increase in digital...
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