U Gro Capital funding, investors and company details
U Gro Capital is an emerging Financial Services - Fintech - Lending startup from Mumbai, working in the space of DataTech-driven NBFC focused on bridging India’s MSME credit gap through technology-led lending solutions. Founded by Shachindra Nath.
- Company: UGRO Capital Limited
- Sector: Financial Services - Fintech - Lending
- Location: Mumbai
- Founders: Shachindra Nath
- Total funding raised: ₹1,306.39 Cr
Company overview
U Gro Capital Limited is a DataTech-driven NBFC focused on bridging India’s MSME credit gap through technology-led lending solutions. It is a pioneering non-banking financial company (NBFC) that specializes in financing micro, small, and medium enterprises (MSMEs) across India. The company leverages advanced data analytics, sectoral expertise, and a strong distribution network to deliver tailored credit solutions to underserved businesses. U Gro Capital integrates technology and financial services to address the structural challenges faced by MSMEs in accessing credit. It operates as a DataTech lending platform, combining digital underwriting models with on-ground reach to ensure efficient and scalable lending. The company has identified eight key sectors—healthcare, education, chemicals, food processing/FMCG, hospitality, electrical equipment and components, auto components, and light engineering—as focus areas for its lending operations. Additionally, it extends financing to micro-enterprises, treating them as a distinct segment. U Gro Capital offers a wide range of secured and unsecured loan products, including business loans without collateral, loan against property, machinery and equipment finance, rooftop solar finance, retailer finance, and supply chain finance. These products are designed to meet diverse business needs while promoting growth and sustainability.
Funding rounds
- Latest round: ₹1,265.00 Cr. ($ 151.75 Mn), 2024-06-18. Investors: Aregence
- Past round: $ 5.00 Mn (₹41.39 Cr.), 2022-10-04. Investors: AgmvK