UGRO Capital has raised Rs 250 crore through the allotment of 24,990 senior, secured, unlisted, unrated, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees (INR), having a face value of Rs 1,00,000 each, through private placement. The Investment and Borrowing Committee of the Board of Directors of the Company on January 30, 2024 has, approved allotment of the same.
UGRO Capital is a BSE listed, small business lending fintech platform.