PROGFIN PRIVATE LIMITED
ISIN: INE0MYJ07138
About The Issuer
Progfin Private Limited is a non-deposit-taking Non-Banking Financial Company (NBFC) based in New Delhi, India, specializing in providing collateral-free working capital finance to micro, small, and medium enterprises (MSMEs). Established in 1992 as Hytone Holdings Private Limited, the company was rebranded as Progfin Private Limited in 2022 after being acquired by Desiderata Impact Ventures Pvt. Ltd. (Progcap). Progfin leverages technology and analytics to underwrite and onboard last-mile retailers, offering tailored financial solutions across various industries. As of June 30, 2025, Progfin reported total assets under management of ₹1,703 crore, comprising dealer financing (70%) and working capital term loans (30%).