FMO mulls $20m investment in Indian NBFC NeoGrowth's Series D round

FMO mulls $20m investment in Indian NBFC NeoGrowth's Series D round

Mumbai, India. Photo by Smith Mehta on Unsplash

Dutch entrepreneurial development bank FMO has proposed to invest $20 million in the Series D funding round of Mumbai-based non-banking financial company NeoGrowth Credit, according to a disclosure.