NeoGrowth is an NBFC (Non-Banking Financial Company), that deals in social investing. Its operations were started in 2013. Their main aim is to include over 50% of the unbanked SMEs who are rejected by traditional banks and financial sectors.
NeoGrowth has partnered with over 2300+ business merchants to whom they provide credit. As of now, they are operating in the metropolitan cities of India, but plan on expanding operations to Tier2/Tier 3 cities in India as well.