Pallavi Shrivastava and Himanshu Chandra founded ProgCap in 2017 to provide working capital to small and medium-sized businesses in India

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Pallavi Shrivastava is the CEO and has a background in engineering and business. She graduated from XLRI Jamshedpur and the Indian School of Business

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Pallavi Shrivastava is the CEO and has a background in engineering and business. She graduated from XLRI Jamshedpur and the Indian School of Business

Image Source - progcap.com

ProgCap has raised over $200 million in funding from investors such as Tiger Global Management, Sequoia Capital India, and Accel Partners

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The company has over 100,000 merchants and has disbursed over $1 billion in working capital

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ProgCap is one of the leading working capital providers for small and medium-sized businesses in India

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The Indian working capital market is worth over $1 trillion

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The market is growing at a rate of 18% per year

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ProgCap has a 5% market share in the Indian working capital market

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