Neogrowth Stock

NeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.

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About Neogrowth Stock

Neogrowth operates as a non-banking financial company, it is focused on meeting the financial needs of small businesses which sell goods and services to consumers. It offers business financing services to small- and medium-sized retail companies that sell apparel, consumer durables and electronic items, footwear and accessories, handicrafts, gifts, and optical goods as well as to restaurants, beauty salons, hotels, gymnasiums, and health diagnostic centers. Neogrowth was established in 2011 by Dhruv Khaitan and Piyush Khaitan in Mumbai, Maharashtra.

Funding History

March 2014$1.6M
August 2015$7.0M
July 2016$35.0M
January 2018$3.0B
September 2019$17.0M
May 2022$15.0M
November 2022$20.0M
December 2022$3.0B
January 2023$810M



B. Ravi Kumar


Dhruv Khaitan

Co founder & MD

Piyush Khaitan

Co-Founder & Chairman

Dhruv Khaitan


Smita Aggarwal


Arun Nayyar

Board Director

Ganesh Rengaswamy

Board Member

Michael Fernandes

Partner, Aspada Investment Advisors

Thomas Hyland

MD & Founder

Piyush Khaitan


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