Ugro Capital has set a target of nearly three-fold growth in loan book to Rs 7,000 crore by March, having already reached Rs 4,375 crore of AUM in the first half. The NBFC had a loan book of Rs 1,317 crore in FY21 which more than doubled to Rs 2,970 crore in FY22 and scaled past Rs 4,375 crore in the first half of the current fiscal, driven by increased credit demand from its focus segments as well as co-lending and co-origination partnerships. It has such partnerships with 10 banks/large NBFCs.
Ugro Capital has set a target of nearly three-fold growth in loan book to Rs 7,000 crore by March, having already reached Rs 4,375 crore of AUM in the first half.