On this sacred day, we honor the divine light of Guru Nanak Dev Ji, whose timeless wisdom guides us toward truth, #unity, and selfless service. May his teachings inspire us to live with #peace, humility, and compassion as we walk the path of seva to uplift all beings. From all of us at Progcap, wishing you a blessed Guru Nanak Jayanti. #GuruNanakJayanti #GuruNanakDevJi #Seva #Unity #SelflessService
Progcap
Financial Services
New Delhi, Delhi 12,193 followers
Financing the Last Mile
About us
Progcap (Desiderata Impact Ventures Private Limited) is a mission-driven, inclusive financing technology firm working to unlock the transformational impact of millions of micro and small enterprises in the last mile by providing them affordable, customized finance and digitizing their supply chains. Progcap uses a mix of technology and its unique delivery model to underwrite credit and thus provide the under banked semi – urban and rural retailers in India access to flexible, collateral free working capital.
- Website
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http://www.progcap.com
External link for Progcap
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- New Delhi, Delhi
- Type
- Privately Held
- Founded
- 2016
Locations
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Primary
Hauz Khas
New Delhi, Delhi 110016, IN
Employees at Progcap
Updates
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From meetings to mithai, excel to excitement, spreadsheets to sparkles—this #Diwali, the Progfam celebrated with three days of colours, flavours, and unforgettable moments. We kicked off with cosy vibes, painting diyas and friendly competition over poker, then turned up the energy with #Bollywood glam, dance-offs, and classic street snacks. The festivities wrapped up with vibrant rangolis, diya lighting, and a heartfelt pooja in traditional attire. Through shared laughter, festive treats, and traditions, we created memories that shine as bright as the diyas we lit together. This was Diwali, Progcap-style—a joyful blend of #unity, tradition, and #celebration. Here’s to the light, colour, and togetherness that keep us moving forward. #YehDiwaliProgcapWali #Diwali2024 #DiwaliCelebrations #FestivalOfLights #TeamSpirit #Progfam
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At the 2024 #GlobalSMEFinanceForum, our co-founder Pallavi Shrivastava was invited to join over 300 financial visionaries to explore how AI and sustainable financing are revolutionizing small business finance on the panel, ‘Harnessing Sustainability-Linked and AI-Powered Supply Chain Finance,’ Pallavi showcased how technology is dismantling credit barriers for MSMEs. A powerful insight? Integrated data unlocks new pathways, yet many #MSMEs still face obstacles to credit access due to incomplete financial records—contributing to a staggering $5.7 trillion global financing gap. Progcap is tackling this head-on, using #supplychain data to provide MSMEs the credit they need to grow. One standout takeaway: technology isn’t just simplifying access to credit—it’s reshaping lending for small businesses, especially in underserved areas. Sustainable financing remains a core focus for Progcap as we look ahead. Thank you, Qamar Saleem, Makiko Toyoda, Alexander (Sandy) Kemper, Femi Akinrebiyo, William Rospendowski, MSc, Héctor de la Garza and also to the SME Finance Forum, Managed by the IFC (International Finance Corporation) IFC - International Finance Corporation, Ministério do Empreendedorismo, da ME e da EPP, G20 Brasil 2024, and Elevandi, for another exceptional event. #GSMEFF24 #SMEfinance #Progcap #GlobalSMEFinanceForum
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In the world of #MSMEs, the festive season isn’t just a time of celebration—it’s also a time for the country’s economic expansion. Last year, Progcap helped fuel this rush, disbursing billions across sectors. This year, Progcap is looking to set a new benchmark, particularly in tier 2 and 3 cities where small businesses are hungry for opportunity. Timing is everything, and we know that #workingcapital becomes not just a resource, but a catalyst for scaling through this high-demand season. Whether it’s expanding stock, seizing market share, or driving new growth, our #tailoredfinancialsolutions are designed to meet the moment. As the festive lights go up, so do the stakes. This November, discover how Progcap is helping MSMEs leap forward, one success story at a time. #Progcap #MSME #FestiveSeason2024
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This Dussehra, overcome chaos by taking control! With Progcap’s Ram Ban, you can navigate #credit challenges and propel your business to new heights. Together, we can ensure that your journey is filled with resilience, growth, and triumph. Wishing you and your family a joyful and prosperous #Dussehra! 🏹 #Procap #Dussehra2024 #BusinessSuccess #RiseAboveChallenges #VictoryOfGood
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Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing around 29% to the GDP. However, a significant credit gap of $530 billion hampers their growth potential. But aided by government and fintech, the gap is slowly being bridged, placing the sector in a position to drive India achieving a $5 trillion economy by 2025. Learn more on how the MSME growth is facilitated by favourable government interventions and innovative fintech solutions. #MSME #Progcap #Fintech
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#KeepCalmInnovationOn! We wrapped up an electrifying #hackathon at Progcap, where creativity met coding! 💻✨ Our teams pushed the boundaries of innovation, collaborating non-stop to bring groundbreaking ideas to life. From brainstorming sessions to intense coding marathons, every moment highlighted the incredible talent within our ranks. 🌟 Highlights: 💡 10+ brilliant projects presented 🏆 Top 3 teams awarded for their exceptional solutions 🤝 Collaborative spirit and teamwork at its finest A huge shoutout to all the participants and their mentors for guiding the teams through this journey. Your innovative solutions are paving the way for the future of fintech! Stay tuned for more exciting developments as we turn these ideas into reality. 🚀 #Innovation #Coding #Hackathon #Fintech
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🌟 Celebrating 5 Incredible Years with Aditya and Vibhor! 🌟 A huge shoutout to Aditya Kumar Vishwakarma and VIBHOR MISHRA from our Tech Team for reaching this impressive 5-year milestone with Progcap! Your dedication, expertise, and hard work have been instrumental in our success and growth. Over the past five years, you’ve not only contributed your technical skills but also your passion and commitment to excellence. We are grateful for everything you’ve done and look forward to many more years of innovation and success together. Here’s to you both and to the future we’ll continue to build together! #Progcap #5YearAnniversary #EmployeeAppreciation #TechTeam #MilestoneCelebration
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The Trade Enablement and Marketing Scheme introduced by the MSME Ministry is aimed at helping SMEs launch their e-commerce business through the Open Network for Digital Commerce (ONDC). ₹277.35 crores have been allocated to help and train businesses to sell on the ONDC platform over the next 3 years. Here’s what you need to know about TEAM and its potential impact on the MSME sector. #Progcap #MSME #ONDC
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Embrace new beginnings and prosperity this Ganesh Chaturthi with the wisdom of Lord Ganesha guiding us towards a brighter, more sustainable future. May he continue to empower businesses and drive growth for all. Wishing everyone a #HappyGaneshChaturthi! #GaneshChaturthi #EmpoweringGrowth #WisdomForTheFuture #Progcap