Progcap’s Operating Revenue Increases 4.5X in FY22

  • Google and Sequoia-backed fintech firm Progcap experienced rapid growth in scale, with its collection increasing over four-fold in FY22.
  • Progcap’s operating revenue jumped 4.5X to Rs 26.41 crore in FY22 from Rs 5.92 crore in FY21.
  • However, expenses and losses also rose at a similar pace.


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