positive
GrowXCD Raises ₹200 Crore Led by Blue Earth Capital
Chennai-based GrowXCD Finance, a lender to small businesses and MSMEs, raised ₹200 crore in a funding round led by Swiss firm Blue Earth Capital. Prosus Ventures contributed ₹70 crore, while Lok Capital increased its stake with ₹21 crore. The capital will support branch expansion, technology upgrades, and portfolio growth across southern India, with plans to open 40-50 more branches by March 2027.
Companies:
- GrowXCD Finance
- Blue Earth Capital
- Prosus Ventures
- Lok Capital
Tags:
- GrowXCD
- MSME
positive
GrowXCD Raises ₹200 Crore Led by Blue Earth Capital
Chennai-based GrowXCD Finance, a lender to small businesses and MSMEs, raised ₹200 crore in a funding round led by Swiss firm Blue Earth Capital. Prosus Ventures contributed ₹70 crore, while Lok Capital increased its stake with ₹21 crore. The capital will support branch expansion, technology upgrades, and portfolio growth across southern India, with plans to open 40-50 more branches by March 2027.
Companies:
- GrowXCD Finance
- Blue Earth Capital
- Prosus Ventures
- Lok Capital
Tags:
- GrowXCD
- MSME
1 min read
62 words
GrowXCD secures ₹200 crore to expand MSME lending operations and enhance tech capabilities, with Blue Earth leading the round.
Chennai-based GrowXCD Finance, a lender to small businesses and MSMEs, raised ₹200 crore in a funding round led by Swiss firm Blue Earth Capital. Prosus Ventures contributed ₹70 crore, while Lok Capital increased its stake with ₹21 crore. The capital will support branch expansion, technology upgrades, and portfolio growth across southern India, with plans to open 40-50 more branches by March 2027.
Chennai-based GrowXCD Finance, a lender to small businesses and MSMEs, raised ₹200 crore in a funding round led by Swiss firm Blue Earth Capital. Prosus Ventures contributed ₹70 crore, while Lok Capital increased its stake with ₹21 crore. The capital will support branch expansion, technology upgrades, and portfolio growth across southern India, with plans to open 40-50 more branches by March 2027.
Companies:
- GrowXCD Finance
- Blue Earth Capital
- Prosus Ventures
- Lok Capital
Tags:
- GrowXCD
- MSME
- GrowXCD
- MSME
- funding
- Blue Earth Capital
- Prosus Ventures
- startup finance