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Indian B2B lending startup Progcap secures $40 million in funding

Indian B2B lending startup Progcap secures $40 million in funding

Progcap, an India-based business-to-business (B2B) platform has secured $40 million in its Series C extension funding round led by Creation Investments, Tiger Global Management, and Sequoia Capital. * The fund will be used to support its expansion plans and scale its product development, the startup claims. * Founded in 2017, Progcap offers

Sequoia India and Southeast Asia launches over $2 billion investment fund

Sequoia India and Southeast Asia launches over $2 billion investment fund

The arm of Sequoia Capital Global based in India and Southeast Asia has launched two new funds at $2.85 billion. * A $2 billion early-stage venture and growth fund for India and an $850 million fund dedicated to Southeast Asia. * The firm plans to invest in web3 startups beyond SaaS