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...
25 May, 2022, 01.26 PM IST
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...
07 Feb, 2022, 12.43 PM IST
Central Bank of India, U GRO Capital ink agreement to disburse MSME loans worth Rs 1000 crThe Co-lending arrangement with Central Bank of India will work towards providing formal credit to underserved MSMEs at affordable rates ac...
22 Dec, 2021, 01.32 PM IST
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...
17 Nov, 2021, 10.34 AM IST
U GRO Capital and Kinara Capital announce co-origination partnership for MSME loansThe co-origination arrangement will leverage U GRO’s analytical data driven decisioning and integration through APIs with the smart technol...
13 Oct, 2021, 01.55 PM IST
IDBI Bank, U GRO Capital ink a co-lending agreementU GRO Capital has been building its GRO – Xstream platform, which through APIs integrates with banks on one side and with fintechs, payment...
01 Oct, 2021, 01.26 PM IST
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...
28 Sep, 2021, 10.37 AM IST
MSME financing will reach consumer financing level in the next 5 years: U GRO’S Shachindra NathThe MSME sector contributes almost 35% of the GDP, employs roughly around 8% of the population and has a credit gap of more than $600 billi...
12 Aug, 2021, 04.49 PM IST
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.
21 Jul, 2021, 11.12 AM IST
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...
08 Apr, 2021, 05.32 PM IST
U GRO Capital appoints Amit Gupta as chief treasury officerIn his over 17 years of experience, Amit Gupta worked with large multinational & domestic banks, global real estate consultancy and marquee...
02 Mar, 2021, 11.46 AM IST
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...
18 Feb, 2021, 12.56 PM IST
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...
01 Dec, 2020, 12.59 PM IST
U Gro Capital redeems Sachin Bansal’s NCDs ahead of scheduleThe redemption has come ahead of maturity at a time when most NBFCs are struggling with liquidity stress, U Gro Capital said in a statement.
13 Apr, 2020, 08.33 PM IST
U GRO Capital launches Narayani to encourage women entrepreneurs in IndiaTargeting women between 23 and 65 years, Narayani offers loans in the range of Rs 10– Rs 50 lakh with a tenure ranging between 1 - 4 years.
09 Mar, 2020, 03.34 PM IST
SBI & U GRO ink loan co-origination agreementThe agreement was signed by Jayanta Deb Majumdar, General Manager, SBI and Shachindra Nath, Executive Chairman of U GRO Capital, in Mumbai.
25 Nov, 2019, 07.43 PM IST
Bansal, Poonawallas to invest Rs 100 crore in lending company U GroU Gro will use the funds to expand its businesses at a time when capital is scarce for the sector.
07 Oct, 2019, 11.08 AM IST