NeoGrowth, a leading fintech NBFC, has supported more than 9,000 women entrepreneurs over the past three years, extending over ₹1,680 crore in funding. In FY 2024–25 alone, women-led enterprises accounted for a substantial 25% of total disbursals by value. The 11th edition of the NeoGrowth Impact Report positions this achievement within a broader approach of inclusive growth, sustainable practices, and strong governance, reflecting the company’s wide-ranging contributions to India’s MSME ecosystem.
The report highlights that 80% of interviewed NeoGrowth customers are first-generation entrepreneurs who have built their ventures without inherited resources. With tailored financing from NeoGrowth, these business owners have been able to expand operations, invest in technology, and create employment. Tier II cities accounted for 27% of the loans advanced, by enabling entrepreneurs in these emerging hubs, NeoGrowth is helping strengthen local economies and, in turn, contributing to nation-building.
Embedding its multi-pronged Impact Approach into every aspect of its operations, NeoGrowth acts as a growth enabler for its customers. Its model combines technology-led underwriting, inclusive lending practices, and strong governance with targeted social and environmental initiatives. From enabling women entrepreneurs and first-generation business owners, to supporting Tier II city growth, creating jobs, and advancing sustainability goals, NeoGrowth’s approach ensures that each loan contributes to broader economic progress. This integrated framework allows the Company to scale impact consistently, proving that purposeful, responsible finance can drive enduring growth for India’s MSME sector.
Commenting on the impact the company is making, Arun Nayyar, Managing Director & CEO, NeoGrowth, said: “At NeoGrowth, we see ourselves as long-term partners in the success of India’s MSMEs. Our lending enables better livelihoods, accelerates digital adoption, drives employment & 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.”
NeoGrowth’s lending approach is aligned with six of the United Nations Sustainable Development Goals (SDGs), including Gender Equality, Decent Work and Economic Growth, and Industry Innovation and Infrastructure. Beyond finance, the Company advances community impact through NeoShakti, its flagship CSR programme, which partners with the Times Foundation and Goonj to deliver livelihood initiatives, creating economic opportunities for women from underserved backgrounds.
The full report is available here: https://neogrowth.in/impact