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Progcap

Progcap

Private
New DelhiFinTechhttps://www.progcap.com/

Last Round

VC Round

Feb 17, 2026

Est. Valuation

$610M

Total Funding Raised

$202.37M

Company Overview

Progcap is a financial technology company that provides supply chain financing, digital credit, and business management solutions to micro, small, and medium enterprises.

Sector

FinTech

Verticals

Lending & Credit, Supply Chain, Credit Scoring, Workflow Automation

Business Model

B2B2C

Customer Profile

Services & Consulting, Subscription SaaS

AI Layer

Application

Keywords

supply chain financeworking capital loansMSME lendinglast-mile financingsupply chain digitizationB2B fintechcredit underwritingalternative lendingembedded financeSME creditdigital supply chaininventory financingtrade financemicro, small, and medium enterprisesMSMESaaS

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Progcap Comps

Public and private peers based on sector, stage, and business model.

Progcap comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Progcap Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundFeb 17, 2026
Series C ExtensionOct 17, 2022
Series C ExtensionJun 28, 2022
Series COct 4, 2021
Series BJun 21, 2021
Debt
Feb 9, 2021

Key People

Founding team and executive leadership

Ashish Gupta

CTO CPO

Executive Team

Kapil Dev

Chief Operating Officer

Executive Team

Progcap Investors

Notable investors and investment history

Progcap investors
InvestorRounds
Axis Capital Partners LimitedSeed
Mitsubishi UFJ Financial GroupVC Round
Contrarian Drishti PartnersSeed
Peak XV PartnersSeries C, Series C Extension, Series B, Series A
GrowX VenturesSeries C Extension, Seed
Stride VenturesDebt
Beams VC PartnersSeries C Extension, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 28, 2022

    $40M round with a $600M post-money valuation.

Progcap Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Progcap Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Progcap's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew Delhi
Employee Range521
Year Founded2017
Last FundingFeb 17, 2026

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