 "Pallavi Shrivastava and Himanshu Chandra, Co-founders of Progcap")
Retailer-focused financing startup Progcap has raised $25 million as part of its Series B investment round led by Tiger Global and existing investor, Sequoia Capital India. In 2019, it raised $5 million in a Series A round.
The company will deploy the funds to enhance its services and expand the brand's presence across existing geographies. The firm will also use the capital to scale up the team, strengthen the technology differentiation and diversify into new product offerings, building a full stack digital platform for last mile retailers.
“We are thrilled to partner with the Progcap team as they help small
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