Fundz

NeoGrowth raises Rs 85 crore from FMO and LeapFrog to expand MSME lending.

Oct 09, 2026

Amount Raised

₹850 Million

Round Type

Venture

MumbaiFinancial ServicesFinance

Investors

LeapFrog InvestmentsFmo

Description

NeoGrowth, an MSME lender, has raised Rs 85 crore in a mix of equity and debt from Dutch development finance institution FMO and existing investor LeapFrog Investments. The round comprises approximately 70% equity and 30% debt. The capital will be used to expand the company's loan book and support growth in lending to small, offline businesses including retailers, restaurants, and cafes.

Quick answer

NeoGrowth raised ₹850 Million in a funding round, dated October 9, 2026. Investors: LeapFrog Investments and Fmo. NeoGrowth is based in Mumbai, Maharashtra, India.

How much did NeoGrowth raise?
NeoGrowth raised ₹850 Million in a funding round on October 9, 2026.
Who invested in NeoGrowth?
LeapFrog Investments and Fmo are named as investors in this round.
What does NeoGrowth do?
NeoGrowth is a new-age digital lender, registered with RBI, focusing on Micro, Small, and Medium Enterprises (MSMEs).
Where is NeoGrowth based and how big is it?
NeoGrowth is based in Mumbai, Maharashtra, India. Fundz records about 501 employees.
Who are the decision-makers at NeoGrowth?
Fundz holds 1 contact at NeoGrowth, including the CFO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as NeoGrowth that raised within 45 days of this round, from Fundz verified event records.

  • SHF Holdings raised $4K (Series B) on November 12, 2026.
  • Addentax Group raised $1.5M (Post-IPO Equity) on November 12, 2026.
  • Clara raised $65M (Series C) on November 10, 2026.
  • Modern Wealth Management raised $200M on November 10, 2026.
  • Wafr raised an undisclosed amount (Pre-Seed) on November 10, 2026.
  • American Rebel raised $51K (Series D) on November 10, 2026.

Who to call at NeoGrowth, and when

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Company Information

Company

NeoGrowth

Location

Mumbai, Maharashtra, India

About

NeoGrowth is a new-age digital lender, registered with RBI, focusing on Micro, Small, and Medium Enterprises (MSMEs). We offer a wide range of products tailored to the dynamic needs of small businesses. Our data science and technology-led approach enable us to offer quick and hassle-free loans to MSMEs across 80+ segments in 25+ cities in India. We offer a unique daily repayment option to our customers with multi-channel repayment modes. We have served and engaged with 1,00,000+ businesses and supported them with their growth ambitions.

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Related People

1 contact
Verified contactsDeepak G., CFO hiddenSee plans and pricing
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NeoGrowth raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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