MoneyWorks4Me

Ugro Capital raises about Rs 400 crore from banks, other debt instruments

14 Aug 2020 Evaluate

Ugro Capital has raised about Rs 400 crore from banks and through other debt instruments as it expects credit demand to gather momentum with the coronavirus-induced lockdown getting lifted in most parts. The fundraising during the course of the first quarter comes even as it sits on a liquidity of over Rs 300 crore.

Ugro Capital is engaged in providing financial services.

Peers