NeoGrowth secures $9 million equity round
FMO and LeapFrog Investments back the Indian lender's digital platform for small businesses.
FMO disclosed a $9 million NeoGrowth equity funding round on September 14, 2026, in its overview of transactions signed during August. FMO invested $7.5 million alongside LeapFrog Investments.
The financing supports NeoGrowth's digital lending platform and its expansion of access to credit for underserved micro, small and medium-sized businesses in India.
Use of funds
Strengthen digital lending platform
Expand financing for MSMEs