MSME-focused digital lender NeoGrowth raises Rs 85 Cr from FMO, LeapFrog

T2Covered by 1 source · first reported by Entrackr at 09 Oct, 03:42 UTC

NeoGrowth, an MSME-focused digital lender, has raised Rs 85 crore through a mix of equity and debt from Dutch development finance institution FMO and existing investor LeapFrog Investments. The Mumbai-based company had previously raised Rs 300 crore ($36 million) in a Series D equity round in…