| Date | Title | Description |
| 29.01.2026 | Credit guarantee schemes should reward portfolio performance, says UGRO Capital chief Nath | - |
| 09.12.2025 | SEBI spots “serious lapse” in Samena’s investment in Ugro Capital, slaps fine | SEBI headquarters in Mumbai | Credit: Reuters/Francis Mascarenhas
The Securities and Exchange Board of India has slapped a fine on special situations-focused private equity firm Samena Capital after finding that it violated rules governing ... |
| 27.11.2025 | UGRO Capital’s AUM could rise to over ₹16,000 crore in FY26: Founder & MD Shachindra Nath | - |
| 01.10.2025 | Recur Club Powers AI-Driven FinTech Revolution with $50M Investment | Recur Club, an AI-powered debt marketplace for Indian startups and SMEs, secured $50 million in funding to accelerate growth. This capital fuels team expansion, robust technology infrastructure upgrades, and critical expansion into Tier II ... |
| 29.09.2025 | Debt marketplace Recur Club raises $50 million from InfoEdge Ventures, others | Synopsis
The firm plans to use the funding to scale its team and enhancing tech offerings such as âautopilotâ financing, which enables startups and SMEs to secure debt faster and efficiently. It also aims to expand to tier two and three... |
| 29.09.2025 | Recur Club Raises USD 50 Mn to Expand AI-Powered Debt Marketplace The company plans to utilise the fresh funds to scale its team, strengthen its technology infrastructure, and expand operations into t... | Recur Club, a debt marketplace catering to startups and small and medium-sized enterprises (SMEs), has secured USD 50 million in a mix of equity and debt.
The Delhi-based company raised USD 8 million in equity funding led by InfoEdge Ventur... |
| 04.09.2025 | Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via deal | Synopsis
While the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making an exit and the founders continuing to run the show.
ETtechAxio founders Sashank Rishyasring... |
| 01.09.2025 | CredRight raises $10 M Series B funding from Abler Nordic | Abler Nordic led a $10 million Series B funding round for CredRight, an NBFC based in Hyderabad that specializes in nano and microbusinesses. This was the company’s first investment from its new Fund V.
Abler Nordic is now the company’s big... |
| 25.08.2025 | CredRight Secures USD 10 Mn Series B Funding to Expand MSME Lending The Series B funding round was led by Abler Nordic's Fund V, with participation from existing investors Michael & Susan Dell Fou... | Hyderabad-based non-banking financial company CredRight has raised USD 10 million in a Series B funding round led by Abler Nordic, marking the first investment from its new Fund V.
Existing investors Michael & Susan Dell Foundation and ... |
| 24.06.2025 | UGRO Capital elevates Anuj Pandey to CEO role | - |
| 18.06.2025 | UGRO Capital to Acquire Profectus Capital for INR 1,400 Cr in Strategic All-Cash Deal The acquisition will be funded through UGRO's recently completed equity raise and is expected to be completed in a... | Non-banking financial company (NBFC) UGRO Capital has announced that it will acquire Profectus Capital Private Limited in an all-cash deal worth INR 1,400 crore. The transaction, structured as a 100% equity buyout, will make Profectus a who... |
| 18.06.2025 | Is Actis making any money by selling Profectus to PE-backed Ugro Capital? | Pro
KV Srinivasan, executive director and CEO, Profectus
Actis, an infrastructure-focused private equity firm that was acquired by American alternative investor General Atlantic last year, has cashed out on its investment in Profectus Capit... |
| 17.06.2025 | UGRO Capital to acquire Profectus Capital in ₹1,400 crore all cash deal | - |
| 21.05.2025 | UGRO Capital Approves INR 915 Crore Capital Raise via Compulsorily Convertible Debentures The new CCDs will be issued at a conversion price of INR 185 per share, significantly lower than the INR 264 c... | UGRO Capital, a DataTech-driven NBFC focused on MSME financing, has announced a preferential issue of Compulsorily Convertible Debentures (CCDs) amounting to INR 915 crore, following approval by its Board of Directors. The move is aimed at ... |
| 08.04.2025 | India's MSMEs Show Resilience Amid Credit Caution: Report While India's broader economic trajectory remains stable with GDP growth averaging over 7 per cent annually (excluding the pandemic period) an... | India's micro, small, and medium enterprises (MSMEs) are showing signs of steady recovery and cautious optimism, as per a press release and the MSME Sampark Report by UGRO Capital and Dun & Bradstreet. While 64 per cent of MSMEs have re... |
| 20.12.2024 | ADV Partners clocks another multi-bagger exit from India portfolio | Pro
Suresh Prabhala, managing partner, ADV Partners
Asia-focussed private equity firm ADV Partners has made a stellar exit from a manufacturing company, marking at least its second liquidity move from its India portfolio with multibagger re... |
| 11.12.2024 | UGRO Capital receives patent for its proprietary credit scoring model | UGRO Capital on Wednesday said it has received a patent from the government’s patent office for its proprietary credit scoring model “GRO Score”.
The MSME-lending focussed non-banking finance company (NBFC) received patent for “Method and S... |
| 19.10.2024 | Empowering Growth: UGRO Capital and Sakcable Lead the Charge in Economic Development | In a world where small and medium-sized enterprises (SMEs) are the backbone of economies, two companies are stepping up to make a difference. UGRO Capital and Sakcable are not just players in their respective fields; they are champions of e... |
| 17.10.2024 | UGRO Capital Secures USD 40 Mn Loan from DFC to Empower MSMEs UGRO Capital intends to allocate around 70% of the funding to qualifying businesses led by women, with a commitment to directing at least ... | UGRO Capital, a leading player in MSME lending, has signed a commitment letter with the United States International Development Finance Corporation (DFC) for a substantial USD 40 million loan.
This pivotal transaction is further supported b... |
| 12.10.2024 | Top corporates embrace supply chain finance to strengthen dealer ecosystem | Large corporate groups, including Reliance, Adani, L&T, JSW, and Hero, are seen entering the supply chain finance (SCF) segment, either via their own non-banking finance company (NBFC) or through partnership with other lenders, industry... |
| 01.10.2024 | InCred Capital to raise $50 M from family offices: Reports | Two sources familiar with the deal’s specifics claim that InCred Capital, the wealth and institutional division of the InCred Group, is in advanced talks to raise $50 million.
“The new funding round is driven by the company’s strong perform... |
| 18.09.2024 | Former TPG NewQuest exec floats PE fund for growth stage bets | Premium
A former senior executive of TPG NewQuest, which has invested in companies such as ShadowFax, Halonix Technologies, and U Gro Capital, among others, has floated a new firm that will make investments across startups, growth stage com... |
| 08.09.2024 | Allowing payments bank to lend can boost formal credit, financial inclusion significantly: Airtel PB MD | India’s payments bank industry touches nearly 20 crore user base each month, of which about 40-50 per cent of users lack access to formal credit, and allowing payments banks to lend could significantly boost formal credit and financial incl... |
| 21.08.2024 | Ruloans Teams Up with U GRO Capital for Rooftop Solar Finance
Centralised Terminal Hubs Planned in Katra, Tirupati, Varanasi, Nagpur
Central Government Approves Thane Metro Project
Central Government ... | POWER & RENEWABLE ENERGY Ruloans Teams Up with U GRO Capital for Rooftop Solar Finance
21 Aug 2024 1 Min Read CW Team
Ruloans has partnered with U GRO Capital to venture into the rooftop solar finance market. This strategic alliance aim... |
| 06.08.2024 | Navigating the Future: India’s MSME Financing and Infrastructure Development | India stands at a crossroads. The nation’s economic landscape is shifting, driven by strategic partnerships and ambitious infrastructure projects. At the heart of this transformation lies the Micro, Small, and Medium Enterprises (MSME) sect... |
| 05.08.2024 | SIDBI Partners C2TREDs for MSME Loans
Kerala Drafts Master Plan for Vizhinjam Port
India's Major Ports Capacity Up 87% Since 2014
MCA Nepal Contracts Indian Firm for Substation | ECONOMY & POLICY SIDBI Partners C2TREDs for MSME Loans
05 Aug 2024 1 Min Read CW Team
The Small Industries Development Bank of India (SIDBI) has announced a strategic partnership with C2TREDs and U GRO Capital to enhance financing optio... |
| 02.08.2024 | Sidbi Joins C2treds, UGRO to Boost MSME Credit
Soshe Power Secures EPC Contract for Solar Projects
First Solar's Q2 Profit Surges Amid Strong Sales Volumes
Bengaluru Proposes Rs.327 Bn Twin Tunnel Roa... | ECONOMY & POLICY Sidbi Joins C2treds, UGRO to Boost MSME Credit
02 Aug 2024 3 Min Read CW Team
In a significant move to enhance credit access for Micro, Small, and Medium Enterprises (MSMEs), the Small Industries Development Bank of Ind... |
| 30.07.2024 | UGRO Capital, SIDBI ink co-lending partnership | UGRO Capital, a data-tech non-banking financial company (NBFC) has entered into a co-lending partnership with Small Industries Development Bank of India (SIDBI) for lending to micro, small and medium enterprises (MSMEs).
The partnership is ... |
| 19.06.2024 | UGRO Capital Raised INR 1,265 Cr Through Allotment of CCDs and Warrants UGRO Capital also announced the acquisition of MyShubhLife, a finance platform based in Bengaluru, for INR 45 crore. | UGRO Capital Limited, a leading non-banking financial company (NBFC) focused on small and medium-sized enterprises (MSMEs), has successfully raised INR1,265 crore through the allotment of compulsory convertible debentures (CCDs) and warrant... |
| 18.06.2024 | UGRO Capital raises Rs 1,265 Cr via CCDs and warrants | UGRO Capital Limited, an MSME-focused NBFC, has raised Rs 1,265 crore through the allotment of compulsory convertible debentures and warrants.
Existing private equity investor Samena Capital invested Rs 500 crore, while other institutional ... |
| 18.06.2024 | UGRO Capital Raises INR 1,265 Cr Via CCDs & Warrants; 5% Lower Than Intended | SUMMARY
To net the funds, the company allotted CCDs worth INR 258 Cr and warrants worth INR 1,007 Cr to investors
In May, UGRO Capital’s board had approved the raise of INR 1,333 Cr via CCDs and warrants
The company said its shareholders' a... |
| 17.06.2024 | Paytm appoints Rajeev Agarwal as independent director; Neeraj Arora steps down | Paytm on Monday announced that it has appointed Rajeev Krishnamuralilal Agarwal as non-executive independent director of the company, according to a stock exchange filing.
Agarwal will join Paytm with immediate effect for a term of five con... |
| 29.05.2024 | SBI-led six-member committee on co-lending to focus on boosting MSME credit | The Department of Financial Services (DFS) is in the process of setting up a committee on co-lending with State Bank of India at the helm. The objective of the committee is to address issues related to co-lending, boosting MSME credit and c... |
| 28.05.2024 | U GRO Capital Line of Credit Now Live on Bajaj Markets | Pune, Maharashtra, India
Bajaj Markets proudly announces its collaboration with U GRO Capital, a distinguished data-driven lender. This partnership introduces U GRO Capital's dynamic line of credit on Bajaj Markets, empowering SMEs to borro... |
| 06.05.2024 | UGRO Capital introduces embedded financing for small merchants’ credit needs | UGRO Capital Limited , a DataTech NBFC focused on MSME lending, today announced a significant development that underscores its commitment to growth, innovation, and delivering value to stakeholders. UGRO Capital's Board of Directors has app... |
| 02.05.2024 | UGRO To Acquire Lending Tech Startup MyShubhLife In A Cash & Equity Deal | SUMMARY
UGRO Capital said its board approved the acquisition of MyShubhLife in a mix of equity (64%) and cash (36%) at an enterprise value of INR 45 Cr.
MyShubhLife was last valued at INR 240 Cr during its Series B round in 2022 which saw p... |
| 02.05.2024 | UGRO Capital To Raise INR 1,332 Cr Via CCDs & Warrants | SUMMARY
UGRO said Samena Capital has committed to invest INR 500 Cr through warrants, while UGRO founder, board members and management team have together earmarked INR 16.25 Cr
Other investors such as Aregence and multiple Indian family off... |
| 02.05.2024 | Samena Capital leads $158 mn funding round in U Gro Capital | Shachindra Nath, founder and MD, U Gro Capital
Listed non-banking lender U Gro Capital Ltd, which counts private equity firms Samena Capital, ADV Partners and TPG NewQuest among its investors, has raised Rs 1,322 crore (around $158.3 millio... |
| 18.04.2024 | Klub and U GRO Capital sign partnership to disburse Rs 150 crore | - |
| 17.04.2024 | Klub Partners U GRO Capital To Disburse INR 150 Cr Loans To Foster Growth For Digital SMEs | SUMMARY
The allocated fund will offer scalable debt financing of up to INR 30 Cr in a single tranche through Klub’s platform
The partnership is aimed at addressing the credit requirement gap that exists for SMEs
Klub's partnership with U GR... |
| 01.02.2024 | Deals in brief: Silverstrand Capital invests in Porifera, Amber Electric and Anbogen secure funding, ten China and India deals, and more | Silverstrand Capital invests in Porifera
The Singapore-based family office has invested an undisclosed amount in Porifera, a California-based technology company specializing in the development of forward osmosis membrane solutions.
This inv... |
| 28.01.2024 | India’s Ugro Capital gets $30m from ADB to bolster SME business loans | FintechInvestmentsNews
Miguel Cordon · 31 Jan 2024 · 1 min readIndia’s Ugro Capital gets $30m from ADB to bolster SME business loans
Photo credit: Asian Development Bank
Ugro Capital, an India-based nonbank financial institution (NBFI) prov... |
| 11.04.2023 | Fintech Startup U GRO Secures $41.3 Mn To Offer Credit To MSMEs | UGRO Capital has secured INR 340 Cr from IFU and long-term shareholders
Of this, the startup’s board has approved a preferential allotment of INR 240 Cr to IFU via its Danish Sustainable Development Goals Investment Fund
UGRO Capital will d... |
| 11.04.2023 | U GRO Capital Raises Rs 340 Cr From Marquee Institutional Investors | |
| 21.03.2022 | GRO Capital closes new fund on €600M | Copenhagen-based GRO Capital has reached a €600 million close on its third flagship fund. The fund will target mature B2B software companies across the Nordic, DACH and Benelux regions. With this close, GRO Capital now has more than €1 bill... |
| 07.02.2022 | MSME-focused U GRO Capital raises $18.5 mn from Swiss impact investor | Fintech platform U GRO Capital Ltd, which is focused on micro, small and medium enterprises (MSMEs), on Monday said it has raised Rs 138 crore (around $18.5 million) as its first impact-focused debt capital from Swiss firm responsAbility.
A... |
| 07.02.2022 | U GRO Capital Raises Rs 138 Cr Through ResponAbility | |
| 07.02.2022 | MSME-focused U GRO Capital raises $18.5 mn from Swiss impact investor | Fintech platform U GRO Capital Ltd, which is focused on micro, small and medium enterprises (MSMEs), on Monday said it has raised Rs 138 crore (around $18.5 million) as its first impact-focused debt capital from Swiss firm responsAbility. T... |
| 17.11.2020 | Indian Fintech U GRO Capital, an Online Lending Platform for SMEs, Reports Over $2 Million in Net Profit for Current FY | Indian Fintech U GRO Capital, an online lending platform for SMEs, has released its Q2 FY21 financial results and posted a (profit after tax) PAT of INR 17.2 Crores (appr. $2.28 million).
The BSE (formerly called Bombay Stock Exchange) stoc... |
| 14.08.2020 | Small Business Lending Platform ‘U GRO Capital’ Raises Rs 400 crore | Technology-focused small business lending platform U GRO Capital has raised about Rs 400 crore from banks and through other debt instruments.
The company has raised money as it expects an increase in credit demand with the coronavirus-induc... |
| 14.08.2020 | [Funding alert] U GRO Capital raises about Rs 400 crore as it expects credit demand to grow | Mid-sized non-banking lender U GRO Capital has raised about Rs 400 crore from banks and through other debt instruments as it expects credit demand to gather momentum with the coronavirus-induced lockdown getting lifted in most parts.
The fu... |
| 07.10.2019 | Flipkart co-founder Sachin Bansal, Poonawalla Finance invest Rs 75 cr in U Gro Capital | Shashank Didmishe 7 Oct, 2019
Ecommerce major Flipkart co-founder Sachin Bansal and Poonawalla Finance have infused Rs 75 crore into U Gro Capital, a technology-focused small business lending platform.
The investment was made through securi... |
| 07.10.2019 | U GRO Capital raises ₹75 cr from Sachin Bansal, Poonawalla Finance | U GRO Capital, a technology-enabled lender to small businesses, has raised a total of ₹75 crore through unconventional modes, through issuance of non-convertible debentures (NCDs) and a securitisation deal.
The BSE-listed company has raised... |
| - | U GRO Capital raises $30M from FMO | Publicly listed small business lending platform U GRO Capital has raised $30 million (about Rs 250 crore) from FMO, the Dutch Entrepreneurial Development Bank, through Non-Convertible Debentures (NCDs). FMO fully subscribed to the INR-den... |
| - | Sachin Bansal Looks To Invest In $14 Mn Funding Round In U Gro Capital | Mumbai-headquartered lendingtech firm U Gro Capital is raising INR 100 Cr ($14.11 Mn) from Flipkart cofounder Sachin Bansal and the Poonawala family.
The deal is reportedly set in two separate securitisation and bond deals. U Gro has done t... |
| - | MSME-focused NBFC UGRO Capital raises Rs 250 Cr from ADB
Recommended Stories For You | Small business-focused fintech UGRO Capital has raised Rs 250 crore ($30 million) through Non-Convertible Debentures from the Asian Development Bank (ADB).
The fintech platform will utilise the funding to continue developing its technology ... |
| - | U GRO Capital raises ₹138 crore debt | U GRO Capital has raised its first impact focussed debt investment of ₹138 crore from funds managed and advised by Switzerland-based impact investor responsAbility. “The transaction was structured in two legs — in the first leg, ₹31 crore e... |
