U GRO Capital Limited is a BSE and NSE-listed, technology-focused, small business lending platform. The company is focused on addressing the capital needs of small businesses operating in select eight sectors by providing customized loan solutions.
U GRO’s 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 an 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, and 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.