ReferIndia News Progcap in talks for $100 million funding round, likely to be led by TPG: Sources

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Progcap in talks for $100 million funding round, likely to be led by TPG: Sources

Published on: Feb. 17, 2026, 6 a.m. | Source: The Economic Times

Progcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by global alternate assets manager TPG. Japanese financial services major Mitsubishi UFJ Financial Group could also participate in the round.

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