UGRO Capital surpasses INR 10,000 crore in assets under management

In an inspiring move that underscores a significant achievement in the financial sector, UGRO Capital Limited, an emerging DataTech-focused Non-Banking Financial Company (NBFC) specialising in Micro, Small, and Medium Enterprise (MSME) lending, has surpassed the notable threshold of INR 10,000 crore in Assets Under Management (AUM). This milestone, reached by the Mumbai-based firm, accentuates its rapid growth trajectory since 2022, when its AUM stood at roughly INR 1,700 crore.

UGRO Capital’s successful expansion reflects its core mission of facilitating financial empowerment for MSMEs through advanced credit deployment strategies. The company has extended financial services to over 100,000 MSMEs nationwide, a testament to its goal of becoming the leading small business financier in India.

In light of this achievement, UGRO Capital has initiated several celebratory activities. Among these is the UGRO 10K Celebration Run, a virtual marathon poised to enhance the health and well-being of its workforce of 3,500 employees. This virtual event aligns with the company’s ethos of integrating professional success with personal wellness as it embarks on further ambitious expansions.

Additionally, UGRO Capital has debuted the UGRO Anthem, a motivational initiative born out of creativity and technology. This anthem, crafted by employees and powered by Artificial Intelligence, encapsulates the company’s ethos and collective aspirations, serving as a motivational symbol for its team. The creation of this track highlights UGRO’s commitment to innovation and its supportive workplace culture, aiming to inspire employees to strive for greater success collectively.

These developments mark a significant chapter in UGRO Capital’s journey, setting the platform for further advancements in MSME financing while fostering an environment that values both professional achievement and employee well-being.

Source: Noah Wire Services