Google-backed startup Progcap reported over 25 times increase in its operating revenue over the two pandemic years (April 2020-March 2022).
The digital lender’s operating revenue surged to ₹26.4 crores in FY22 from ₹90 lacks in FY20. However, Progcap reported a loss of ₹24.1 crores for the year ended March 2022.
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