FinTech · New Delhi, Delhi
Progcap
Embedded financing and technology for small and medium retailers.
Founded by Pallavi Shrivastava
Snapshot
- Founded
- 2017
- Headquarters
- New Delhi, Delhi
- Industry
- FinTech
- Business model
- FinTech (lending)
- Funding stage
- Series C
- Markets
- India
- Last updated
- 28 June 2026
About Progcap
Progcap is a women-led fintech company based in New Delhi, Delhi, founded in 2017. It was founded by Pallavi Shrivastava. The company has reached the Series C stage.
Founder
Co-founders: Himanshu Chandra (CEO) and Pranav Raj — Co-founders.
Industry classification
FinTech SME Lending
Funding
Total raised~$111MLatest roundSeries C
Investors: Peak XV Partners, Tiger Global, Creation Investments
Website, social
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Frequently asked questions
- What does Progcap do?
- Progcap is a women-led fintech company based in New Delhi, Delhi, founded in 2017. It was founded by Pallavi Shrivastava. The company has reached the Series C stage.
- Who founded Progcap?
- Progcap was founded by Pallavi Shrivastava.
- Where is Progcap headquartered?
- Progcap is headquartered in New Delhi, Delhi, India.
- Is Progcap funded?
- Yes — Progcap is venture-funded and has reached the Series C stage.
- When was Progcap founded?
- Progcap was founded in 2017.