Insights

Expanding Market Reach Progcap's focus on providing affordable, collateral-free financing to micro and small enterprises in semi-urban and rural India presents opportunities to collaborate on innovative financial products that address underserved markets, potentially increasing market penetration.

Technology Adoption With a tech stack incorporating cloud services and digital tools, Progcap is well-positioned to expand its digital footprint, offering scalable financing solutions, and inviting partnerships in tech-enabled financial services.

Funding Growth Having raised significant funding including a $101M equity round, Progcap is in a strong position to invest in sales channels, develop new financial products, and scale operations to reach more underserved clients.

Leadership Expansion Recent appointments of senior executives, including Zafar Imam and India Stewart, indicate strategic growth in lending and program management, opening avenues for sales collaborations in targeted financial services segments.

Competitive Landscape Positioned alongside competitors like FinAGG and Mintifi, Progcap's unique niche in last-mile financing offers opportunities for sales partners to differentiate by providing tailored solutions that meet the needs of unbanked and semi-urban retailers.

Progcap Tech Stack

Progcap uses 8 technology products and services including cdnjs, Cloudflare, Apple iCloud Mail, and more. Explore Progcap's tech stack below.

  • cdnjs
    Content Delivery Network
  • Cloudflare
    Content Management System
  • Apple iCloud Mail
    Email
  • Google Fonts API
    Font Scripts
  • Google
    Search Engines
  • HTTP/3
    Web & Portal Technology
  • Express
    Web Frameworks
  • jQuery Waypoints
    Web Tools And Plugins

Progcap's Email Address Formats

Progcap uses at least 1 format(s):
Progcap Email FormatsExamplePercentage
First.Last@progcap.comJohn.Doe@progcap.com
47%
First@progcap.comJohn@progcap.com
4%
First.Middle@progcap.comJohn.Michael@progcap.com
2%
First.Last@progcap.comJohn.Doe@progcap.com
47%

Frequently Asked Questions

What is Progcap's official website and social media links?

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Progcap's official website is progcap.com and has social profiles on LinkedInCrunchbase.

What is Progcap's NAICS code?

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Progcap's NAICS code is 52 - Finance and Insurance.

How many employees does Progcap have currently?

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As of December 2025, Progcap has approximately 517 employees across 2 continents, including AsiaEurope. Key team members include Cto & Cpo: A. G.Chief Operating Officer: K. D.Chief Collections Officer: V. W.. Explore Progcap's employee directory with LeadIQ.

What industry does Progcap belong to?

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Progcap operates in the Financial Services industry.

What technology does Progcap use?

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Progcap's tech stack includes cdnjsCloudflareApple iCloud MailGoogle Fonts APIGoogleHTTP/3ExpressjQuery Waypoints.

What is Progcap's email format?

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Progcap's email format typically follows the pattern of First.Last@progcap.com. Find more Progcap email formats with LeadIQ.

How much funding has Progcap raised to date?

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As of December 2025, Progcap has raised $49M in funding. The last funding round occurred on Oct 17, 2022 for $49M.

When was Progcap founded?

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Progcap was founded in 2016.

Progcap

Financial ServicesDelhi, India501-1000 Employees

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.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
501-1000

Section iconFunding & Financials

  • $49M

    Progcap has raised a total of $49M of funding over 7 rounds. Their latest funding round was raised on Oct 17, 2022 in the amount of $49M.

  • $50M$100M

    Progcap's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $49M

    Progcap has raised a total of $49M of funding over 7 rounds. Their latest funding round was raised on Oct 17, 2022 in the amount of $49M.

  • $50M$100M

    Progcap's revenue is estimated to be in the range of $50M$100M

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