Mumbai: Fintech NBFC NeoGrowth has supported over 9,000 women entrepreneurs in the last three years by disbursing more than ₹1,680 crore, as revealed in the 11th edition of its Impact Report.
In FY 2024–25 alone, women-led enterprises represented 25% of total disbursals by value, highlighting the company’s strong commitment to inclusive growth in India’s MSME sector.
According to the report, nearly 80% of NeoGrowth customers are first-generation entrepreneurs with no inherited business background. Tailored financing solutions have enabled these entrepreneurs to expand, digitize operations, and generate employment.
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Tier II cities contributed 27% of the loans disbursed, underscoring the NBFC’s role in strengthening local economies and advancing nation-building through entrepreneurship support outside metro hubs.
A Multi-Pronged Impact Approach by NeoGrowth
The Impact Report details how NeoGrowth integrates inclusive lending, technology-driven underwriting, and responsible governance to create sustainable value. The company’s lending framework is aligned with six United Nations Sustainable Development Goals, including Gender Equality and Decent Work and Economic Growth.
Commenting on the findings, Arun Nayyar, Managing Director & CEO of NeoGrowth, said: “We see ourselves as long-term partners in the success of India’s MSMEs. Our lending enables better livelihoods, accelerates digital adoption, drives employment and growth for Indian MSMEs. By combining purposeful finance with a digital-first approach and deep community engagement, we are helping shape a more inclusive and resilient future.”
Also Read: Udyam Sakhi Portal Empowers 4535 Women Entrepreneurs with Business Growth Support
Community Initiatives
In addition to lending, NeoGrowth advances social impact through its flagship CSR programme, NeoShakti, in collaboration with Times Foundation and Goonj. The initiative creates livelihood opportunities for underserved women, furthering economic empowerment and community resilience.
The full Impact Report is available at neogrowth.in/impact
