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
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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
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Apr 21, 2026
BANKING & FINANCE
UGRO Capital Opts For All-Cash Route To Finalise MyShubhLife Acquisition
UGRO Capital has moved a step closer to completing the acquisition of Datasigns Technologies Pvt Ltd, the technology company that operates the MyShubhLife platform, after amending the transaction terms to streamline the deal structure. The non-banking financial company informed stock exchanges that it has entered into an Amended and Restated Share Purchase Agreement with the […]
CW Bureau
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Mar 6, 2026
