UGRO Capital has successfully raised around Rs 250.0 crore through Non-Convertible Debentures (NCDs) from FMO, the Dutch entrepreneurial development bank. The INR-denominated NCDs issuance was fully subscribed by FMO, reflecting the bank's commitment to fostering inclusive and sustainable prosperity by supporting entrepreneurs.
UGRO Capital has been focused on bridging the credit gap in India’s MSME Sector. Over the past 5 years, it has provided credit to more than 80,000 small businesses and has facilitated economic growth and employment.
UGRO Capital is a BSE listed, small business lending fintech platform.
