Neogrowth looking to raise Rs 500 crore, eyes AUM of Rs 4,000 crore by March
Dec / 20 / 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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Dialogue with Arun Nayyar, Managing Director & Chief Executive Officer, NeoGrowth
Dec / 20 / 2024
India has over 70 million MSMEs, creating over 111 million jobs and contributing around 30% to India’s GDP. Supported by momentum in retail consumption and digital payments, MSMEs sit at the center of India’s economic development. Despite these encouraging numbers,...
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20 Top & Upcoming NBFCs In India In 2025
Dec / 20 / 2024
The majority of these belonged to the non-deposit category, and out of these, nearly 300 companies manage more than 80% of the total NBFC asset volume! Today, let’s take a look at the Top NBFC platforms in India for 2025....
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Navigating barriers and celebrating achievements women leaders on international womens day 2024
Dec / 20 / 2024
International Women’s Day holds profound significance as a global platform to celebrate the achievements, contributions, and resilience of women worldwide. It serves as a poignant reminder of the ongoing struggle for gender equality and the need to dismantle barriers that...
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NeoGrowth continues its growth streak in Q3, reports 51% jump in Assets Under Management to INR 2456 crore with double-digit Return on Equity
Dec / 20 / 2024
Gross Revenue of INR 160 crore, up by 67% Return on Assets (RoA) at 3.68% & Return on Equity (RoE) of 13.19% Net NPA at 1.42% NeoGrowth, the MSME-focused digital lender in India, announced its financial results for the third...
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NeoGrowth Q3 Results: AUM surges 51% to Rs 2,456 cr
Dec / 20 / 2024
NeoGrowth, a prominent digital lender in India, has declared its financial results for the third quarter ending December 31, 2023, showcasing a remarkable growth streak. The company’s focus on Micro, Small, and Medium Enterprises (MSMEs) has yielded substantial gains, with...
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MSME credit demand to stay strong in 2024: Study
Dec / 20 / 2024
THE DEMAND FOR credit from micro, small, and medium (MSME) enterprises will continue this year as such entities look to expand their businesses. Click here to read more...
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60% of MSMEs set to expand workforce, citing positive business climate
Dec / 20 / 2024
The survey result also indicates that government interventions have had a positive impact on MSMEs. In addition, 60% of these firms effectively attained their business goals in the preceding year. Click here to read more...
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MSME : चालू वर्षा त सूक्ष्म. लघु आणि मध्यम उद्यो ग असणा र नफ्या त; का य सांगतो अहवा ल?
Dec / 20 / 2024
चालू वर्षा त सूक्ष्म. लघु आणि मध्यम उद्यो ग असणा र नफ्या त; का य सांगतो अहवा ल? Click here to read more...
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Indian MSMEs anticipate increased profitability in 2024, according to a report
Dec / 20 / 2024
According to a survey conducted by NeoGrowth, Indian micro, small, and medium enterprises (MSMEs) are optimistic about higher profitability in 2024 compared to the previous year. The NeoInsights MSME Business Confidence Study 2024 revealed that 90% of MSMEs are confident...
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