Mastercard, U GRO Capital collaborate to extend financing solutions to SMEsMSMEs in India have long grappled with substantial challenges, including constrained access to capital.
Post 2025, we would like to consistently grow at 30%: Shachindra Nath, U GRO CapitalWe exited March almost at 70% of our capacity at Rs 550 crore a month. And we wanted to demonstrate the operating leverage.
Co-lending deals now come under taxman's lensIn the past one month, the department has sent multiple queries to more than a dozen banks and is likely to follow up with questions to NBF...
Amount of business which can be done through GRO X app is quite phenomenal: Shachindra Nath, UGRO CapitalThe uniqueness about our business in last three-four years, the heavy investment which has happened in data technology, physical infrastruc...
Banks have to be conscious of co lending risks: SBI MDSpeaking at the IMC Chamber of Commerce and Industry’s banking and finance conference Setty said banks will have to carefully assess the po...
U Gro ties up with Unicorn Yubi to share platform for co-lendingSequoia-backed Yubi is a Chennai-based fintech player that facilitates debt financing by connecting lenders and investors with borrowers th...
U GRO Capital net profit up by 292% to Rs 6.08 crore in Q4 FY2022The company was envisaged to be an independent listed public institution supported by marquee institution shareholders and supervised and m...
U GRO Capital gets funding of Rs 138 cr from responsAbilityU GRO Capital aspires to become the largest MSME platform in India and this transaction which brings in support of DFIs to its overall obje...
SBI, U GRO Capital to disburse up to Rs 500 cr to MSMEs by March 22 as co-lendersThe agreement has been signed in accordance with the alternative option of the Reserve Bank of India's revised co-lending guidelines, which...
U Gro Capital on hiring drive; plans to double workforce by end FY-22MSMEs will be at the centrestage of India’s social and economic development and U Gro Capital’s aspiration is to take about 1% market share...
U GRO Capital launches Pratham, a MSME co-lending program with Bank of BarodaA wide range of MSMEs including the recently added wholesale & retail traders under priority sector can avail credit via this program.
U GRO Capital partners with SBM Bank India to launch credit card for MSMEsThe MSMEs eligible for the business loans from U GRO Capital would be extended incremental funds to open a Fixed Deposit account with SBM B...
Micro VC Eximius Ventures $10 million maiden fundCategorised as a micro venture capital fund, which typically has a corpus of less than $30 million, Eximius is part of a growing group of s...
U GRO Capital launches ‘GRO Micro’ for micro enterprises; aims to support 50,000 small businesses by FY22The platform aims to offer small ticket loans – secured against property, as well as unsecured loans, to micro businesses to help them in s...
U GRO Capital partners with Wadhwani Foundation to help MSMEs thrive in post Covid eraMSMEs can benefit from this partnership by addressing their strategic, operational and development needs as part of the ‘Sahayata Stability...
Huddle Expo 2019 displays nature-friendly, socially impactful productsThe event, attended by more than 20 startups, witnessed a display of various products that reflected sustainable goals
Tata Chemicals launches two new organic plant growth regulators"FarmGro Gis a granular product meant for soil application, which enables application of plant growth substances through the soil route."