Startup Atlas · Digital Lending / Merchant Cash Advance

NeoGrowth

NeoGrowth Credit Private Limited ● Mumbai, Maharashtra ● Founded 2011 ● neogrowth.in ↗
Dhruv Khaitan · Co-founder Piyush Khaitan · Co-founder & Managing Director
$168.91 MnTotal funding (tracked)
9Funding rounds
26 Nov 2024Last round
721Team size (sourced)

NeoGrowth: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

₹599 crore (operating revenue)Total revenue · +61.9% YoY
₹71.7 crore profitNet profit · +327.8% YoY

Revenue by fiscal year

020406080$M₹361.6 crore (revenue from operations): $43M43FY2022₹381 crore (revenue from operations): $45.4M45FY2023₹599 crore (operating revenue): $71.3M71FY2024

Net profit / loss by fiscal year

-50510$M₹39.45 crore loss: $-4.7M-4.7FY2022₹17.26 crore profit: $2.1M2.1FY2023₹71.7 crore profit: $8.5M8.5FY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 ₹599 crore (operating revenue) — — ₹71.7 crore profit source
FY2023 ₹381 crore (revenue from operations) — — ₹17.26 crore profit source
FY2022 ₹361.6 crore (revenue from operations) — — ₹39.45 crore loss source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: tracxn.com · Last verified 7 Sep 2026. · Report a correction