• Mumbai, Maharashtra, Mumbai, Maharashtra, India View on Map

    Overview

    • Sectors Banking/NBFC/MFI
    • Posted Jobs 3
    • Viewed 10
    • Company Size Mid Cap

    Company Description

    U GRO Capital limited is a BSE listed, technology focused, small business lending platform. The company is focused on addressing capital needs of small businesses operating in select eight sectors by providing customized loan solutions.

    U GRO mission is ‘Solve the Unsolved’ – the US$ 600Bn Small Business Credit Need. U GRO believes that the problem of small businesses can be solved by building deep expertise around core sectors of SMEs in India coupled with a data centric, technology-enabled approach.

    The Company has raised ~INR 950 crore of capital from a diversified set of private equity funds, institutional investors and well-known family offices.

    U GRO capital has shortlisted the 8 sectors basis an 18-month process involving extensive study of macro and micro economic parameters carried out in conjunction with market experts like CRISIL. The eight sectors shortlisted are Healthcare, Education, Chemicals, Food Processing / FMCG, Hospitality, Electrical Equipment and Components, Auto Components, Light Engineering.

    The company strives to build a strong SME financing platform based on sectoral understanding supplemented by a fully integrated technology and analytics platform.