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Indian banking system robust despite West Asia crisis, falling forex reserves: ExpertsAmid the turbulent times following the West Asia escalations, financial leaders expressed strong confidence in the resilience of the Indian...- M2P Fintech appoints Vivek Seshadri as CFO, begins IPO groundworkFintech startup M2P Fintech has appointed Vivek Seshadri as its group chief financial officer to drive capital discipline and strengthen in...
- UGRO Capital is ditching low-yield lending; founder on plan to triple returns by FY29UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...
- 78% of our borrowers are first-generation entrepreneurs accessing formal credit: UGRO CapitalUGRO Capital, through its data-driven lending solutions, has supported over 135,000 MSMEs across diverse geographies.
- UGRO Capital elevates Anuj Pandey to CEOUGRO Capital, a datatech NBFC specializing in MSME lending, has appointed Anuj Pandey, currently the Chief Risk Officer, as its new CEO. Pa...
- UGRO Capital shares rally 7% as firm to acquire Profectus Capital for Rs 1,400 crore cash dealUGRO Capital's shares surged following the announcement of its acquisition of Profectus Capital for Rs 1400 crore. This all-cash deal is ex...
- Stocks in news: Hindustan Zinc, UGRO Capital, Delhivery, M&M, Vishal Mega MartIndian markets experienced a slight downturn, with several companies making headlines. Vedanta plans to sell shares in Hindustan Zinc, whil...
- UGRO Capital to acquire Profectus Capital for Rs 1,400 crore cash dealNon-bank lender UGRO Capital is all set to acquire Profectus Capital Private Limited for Rs 1400 crore in an all-cash deal, the company ann...
- UGRO Capital to acquire Profectus Capital for ₹1,400 crUGRO Capital has acquired Profectus Capital for ₹1400 crore in an all-cash deal, making Profectus a wholly owned subsidiary. This acquisiti...
- UGRO Capital fixes Rs 162 per share for Rs 400-cr rights issueUGRO Capital, a data-tech driven MSME financing NBFC, on Monday said it has fixed a price of Rs 162 per share for its Rs 400-crore rights i...
- Ugro Capital plans to raise Rs 1,315 crore via convertible debentures and rights issue of sharesUgro Capital will raise up to ₹1,315 crore through a mix of CCDs and a rights issue to strengthen its lending business. Samena Capital comm...
- Ugro Capital raises Rs 1,322 crore, acquires fintech lender MyShubhLife for Rs 45 croreThe deal with MSL enables Ugro Capital to enter the tech-enabled embedded finance market. The non-bank lender will initially pay Rs 28 cror...
- Hot Stocks: Brokerage views on Arvind, Colgate, Nestle India and Ugro CapitalBrokerage firm SPARK initiated coverage on Arvind with a buy rating, HSBC upgraded Colgate Palmolive India to a buy from hold earlier while...
- Fundamental Radar: Why UGRO Capital is set to pole-vault to a core portfolio holding?With a strong conviction on the company’s business model, brokerage Emkay Global Financial Services, recently initiated coverage on the sto...
- Ashish Kacholia picks two fresh smallcap multibagger stocks in June quarterAce investor Ashish Kacholia has added two smallcap multibagger stocks to his portfolio during the June quarter. Kacholia picked up a 1.6% ...
- IFU invests in UGRO Capital to support green finance for MSMEs in IndiaIFU has made an investment of DKK 200 million in MSME lending platform UGRO Capital.
- TPG NewQuest backed UGRO Capital raises Rs 341 crore in second capital expansionLending fintech firm UGRO Capital, backed by TPG NewQuest, will raise Rs 341 cr ($46m) via a combination of qualified institutional placeme...
- Ugro Capital raises about Rs 400 croreThe fundraising during the course of the first quarter comes even as it sits on a liquidity of over Rs 300 crore, the company said in a sta...
- Ugro Capital pays back Rs 50 crore debt to Sachin BansalUgro is focused on lending to small businesses and lends only to select sectors. Following the RBI direction to allow all borrowers to opt ...
- SME-focused Ugro Capital eyes over Rs 1,000 crore loan book by MarchUgro began commercial operations this January after buying out the publicly-traded NBFC Chokhani Securities in July 2018.
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