Tag: Shachindra Nath
BANKING & FINANCE UGRO Capital Raises ₹380 Cr From Dutch Bank FMO Through NCD Issue

UGRO Capital Ltd, an MSME-focused DataTech lending platform, has raised ₹380 crore through the issuance of 38,000 senior, secured, rated, listed, redeemable and transferable non-convertible debentures (NCDs) to FMO, the Dutch entrepreneurial development bank. This is FMO’s third investment in UGRO Capital in less than three years. It follows NCD investments of ₹250 crore in […]

CW Bureau · Sep 16, 2026
BANKING & FINANCE UGRO Capital Advances Shift To High-Yield Segments: Earnings On Track

UGRO Capital Ltd, India’s first NBFC startup, is progressing on its strategic pivot towards high-yield segments, with Emerging Market LAP (loan against property) and Embedded Finance rising to 38% of assets under management (AUM) from 32% within a quarter. Emerging Market LAP AUM increased from ₹3,199 crore to ₹3,581 crore, while Embedded Merchant Finance grew […]

CW Bureau · Apr 21, 2026