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Progcap in talks for $100 million funding round, likely to be led by TPG: Sources
The Economic Times· 2026-02-17 00:30
The round could be led by global alternate assets manager According to data sourced from Tracxn, the company has raised $111 million in equity funding since inception. In 2022, the fintech firm had closed a $50 million funding round led by Tiger Global and Creation Investments, which valued the startup at close to $600 million.“This round could be at a lower valuation, there has been a lot of back and forth on the valuation bit, which has resulted in this round taking time to close,” one of the people quote ...