NeoGrowth Enables Livelihood-Linked Training for 170 Women under NeoShakti

NeoGrowth, an RBI-registered NBFC, has successfully concluded its FY’26 NeoShakti Skilling Programme in partnership with Times Employ India Foundation. The programme trained 170 women in Business Correspondent Business Facilitator (BCBF) and Retail Sales roles, taking the total number of women trained under NeoShakti to over 300 across the last two years. The intervention was implemented across training centres in Goregaon and Malad in Maharashtra.

The 120-hour programme combined structured classroom training with industry exposure, financial literacy sessions, corporate visits, placement drives and third-party assessments. All participants were certified under a structured evaluation framework aligned with the National Skill Development Corporation (NSDC) standards, ensuring industry-recognised credentials.

The intervention has achieved 100% certification, with 132 women securing wage-based employment across leading financial services and retail organisations, reflecting a placement conversion rate of nearly 80%. For many participants, this marks their first formal employment opportunity and a critical step toward financial independence.

“At NeoGrowth, we view economic inclusion as an opportunity to create tangible livelihood outcomes. Through NeoShakti, we focus on enabling women to build relevant skills and access structured employment opportunities. Our partnership with Times Employ India Foundation allows us to deliver placement-linked interventions that translate training into meaningful workforce participation,” said Arun Nayyar, MD & CEO, NeoGrowth.

Beyond domain training, the initiative integrated workplace readiness modules, communication skills development, banking exposure visits, retail immersion sessions and interactions with financial institutions. Students also visited corporate offices to gain a firsthand understanding of professional work environments, bridging the gap between classroom learning and real-world expectations.

Speaking on the initiative, Arun Kabra, President – Enterprise Business and CFO, TimesPro said, “At TimesPro, we are committed to creating impact-led skilling interventions that uplift underserved communities and foster inclusive growth. This initiative with NeoGrowth is a testament to the power of strategic partnerships in unlocking the potential of women from disadvantaged backgrounds. By delivering holistic, placement-linked training, we are not just building skills we are transforming and empowering women to participate meaningfully in the formal economy and lead change within their families and communities.”

The programme also encouraged employee engagement with NeoGrowth team members, conducting focused sessions on communication skills, cyber awareness and workplace preparedness. These interactions created a practical bridge between corporate experience and classroom learning, reinforcing NeoShakti’s collaborative and impact-led approach.

About NeoGrowth:

NeoGrowth is a new-age lender, with a focus on Micro, Small, and Medium Enterprises (MSMEs). It is a Middle Layer Non- Banking Financial Company (NBFC-ML), offering a wide range of products tailored to the dynamic needs of small businesses. Its data science and technology-led approach enable it to offer quick and hassle-free loans to MSMEs across 75+ segments across 25+ locations in India. NeoGrowth offers a unique daily repayment option to its customers with multi-channel repayment modes. It has served and engaged with 1,50,000+ businesses and supported them with their growth ambitions. It not only helps small businesses grow but also drives financial inclusion making a positive social impact.

Founded by industry veterans, its Board of Directors comprises experts, who guide the leadership team toward its strategic goals. NeoGrowth was founded by Dhruv Khaitan and Piyush Khaitan a decade ago and is backed by renowned investors, namely Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion Fund – Quona Capital, 360 One Asset, FMO, and Leapfrog Investments.

For more details, https://www.neogrowth.in/