An Insight into Progcap's Innovative Series C Pitch Deck
About Progcap
Progcap, an innovative fintech startup founded in 2017, specializes in providing last-mile credit solutions to businesses across India. Using a unique blend of technology and alternative data for credit scoring, co-founders Pallavi Shrivastava and Himanshu Chandra have charted a new course for this financial venture. Their mission centers around empowering the Indian retail economy's small to medium businesses (SMBs) by offering access to finance and pushing for supply chain digitization.
About Progcap's PitchDeck
The Series C pitch deck of Progcap was the cornerstone of a successful funding round which culminated in an impressive $30 million raise. Leading this round were Tiger Global Management and Creation Investments with a notable contribution from Sequoia Capital India. At the heart of the pitch deck was a succinct executive summary that broadcasted Progcap's focus, underscored by its notable past collaborations. It highlighted the proprietary technology used to deliver their services and their impressive growth. A significant feature was the emphasis on Progcap's alliance with Cibil, a foremost credit information company in India.
Why Investors Believed in Progcap?
Investors backed Progcap, largely due to its robust value proposition as conveyed in its Series C pitch deck. The potential of their targeted market and the proven trajectory of growth gave investors confidence in the venture. Progcap successfully showcased its unique positioning, shedding light on its crucial role in delivering credit solutions to overlooked segments of the Indian retail economy. The significant funding gained will now drive the fintech startup further, in its pursuit of financial inclusion for underserved sectors of the society.
