Stride Ventures: Stride Ventures leads Rs 10 crore debt roun

Stride Ventures: Stride Ventures leads Rs 10 crore debt round in Sequoia-backed Progcap


Synopsis
Getty Images
Progcap provides access to collateral-free working capital to retailers in Tier-II, III, and IV areas, where retailers face challenges in accessing capital for their businesses.
Stride Ventures has led a debt round of Rs 10 crore in Progcap – a
fintech player providing access to collateral-free working capital to retailers. The fund is committed to being a strategic partner in Progcap’s growth journey.
This is Stride Ventures’ fourteenth investment from its maiden fund and second investment in the fintech space. Progcap has over two lakh retailers on its platform.
These funds will be deployed to increase their AUM and penetration amongst retailers across the country. Progcap will look to strengthen its ties with banks and corporates by leveraging Stride’s network.

Related Keywords

India , Himanshu Chandra , Ishpreet Gandhi , Pallavi Shrivastava , Stride Venture India Fund , Stride Ventures , Stride Venture , Last Mile Retailer Finance , Progcap , Sequoia , Fintech , Lmrf , இந்தியா , ஹிமான்ஷு சந்திரா , பல்லவி ஸ்ரீவாஸ்தவா , முன்னேற்றம் துணிகர இந்தியா நிதி , முன்னேற்றம் முயற்சிகள் , முன்னேற்றம் துணிகர , கடந்த மைல் சில்லறை விற்பனையாளர் நிதி , சீக்வோயா , ஃபிண்டெக் ,

© 2025 Vimarsana