Neogrowth looking to raise Rs 500 crore, eyes AUM of Rs 4,000 crore by March
May / 23 / 2024
Neogrowth, a digital lender focused on micro, small, and medium enterprises (MSME), is looking to raise Rs 500-crore growth capital through private equity investment even as it is keeps options open for a strategic stake sale, managing director (MD) and...
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NeoGrowth’s Profit rises to INR 95 Crore in FY24
May / 17 / 2024
NeoGrowth, India’s leading MSME-focused digital lender, has unveiled its financial results for the fiscal year 2024 and the fourth quarter ending March 31, 2024, showcasing significant growth and solid financial performance. Click here to read more...
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NeoGrowth’s profit grows to INR 95 Crore in FY24
May / 16 / 2024
NeoGrowth, the MSME-focused digital lender in India, announced its financial results for the FY24 and fourth quarter that ended on March 31st, 2024. Performance Highlights of FY24 • Gross revenue jumped by 57% to INR 601 crore in FY24 •...
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Neogrowth Credit Pvt standalone net profit rises 115.13% in the March 2024 quarter
May / 14 / 2024
Sales rise 69.07% to Rs 173.36 crore Net profit of Neogrowth Credit Pvt rose 115.13% to Rs 21.19 crore in the quarter ended March 2024 as against Rs 9.85 crore during the previous quarter ended March 2023. Sales rose 69.07%...
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