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U GRO Capital Listed Investor

UGRO Capital Limited Mumbai, Maharashtra Founded 2018 ugrocapital.com ↗

DataTech NBFC specializing in financing for micro, small, and medium enterprises across India, addressing the credit gap in the small business sector through a proprietary data-driven underwriting model (GRO Score) that assesses creditworthiness using banking, bureau and GST records.

Shachindra Nath · Founder, Vice Chairman & Managing Director
$300.7 MnTotal funding (tracked)
3Funding rounds
19 Jun 2024Last round
1Tracked investments
1,500Team size (sourced)

U GRO Capital: Funding Rounds

Date Round Amount Investors Source
19 Jun 2024 Debt ₹1,265 Cr (CCDs + Warrants) Samena Capital Aregence source
11 Apr 2023 Equity ₹340 Cr ($41.3 Mn) IFU (Investeringsfonden for Udviklingslande) source
1 Aug 2018 Equity ₹914 Cr ADV Partners PAG Samena Capital TPG NewQuest source

U GRO Capital: Recent Investments

DateCompanyRoundAmount
29 Sep 2025 Recur Club Series A $50 Mn ($8M equity + $42M debt)

Acquisitions

DateAcquirerAcquiredAmountSource
17 Jun 2025 U GRO Capital Profectus Capital ₹1,400 Cr source
3 May 2024 U GRO Capital MyShubhLife ₹45 Cr source

News on U GRO Capital

No coverage of U GRO Capital linked yet.

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FAQs on U GRO Capital

Who founded U GRO Capital?

U GRO Capital was founded by Shachindra Nath in 2018.

How much funding has U GRO Capital raised?

U GRO Capital has raised $300.7 Mn across 3 tracked funding round(s), most recently on 2024-06-19. Figures are compiled from cited public sources.

Who are the investors in U GRO Capital?

Investors in U GRO Capital include Samena Capital, Aregence, IFU (Investeringsfonden for Udviklingslande), ADV Partners, PAG, TPG NewQuest.

What does U GRO Capital do?

DataTech NBFC specializing in financing for micro, small, and medium enterprises across India, addressing the credit gap in the small business sector through a proprietary data-driven underwriting model (GRO Score) that assesses creditworthiness using banking, bureau and GST records.

Where is U GRO Capital headquartered?

U GRO Capital is headquartered in Mumbai, Maharashtra, India.

What is U GRO Capital's business model?

U GRO Capital's core value proposition centers on Data-driven, fast MSME credit decisioning, Technology-first, data-driven underwriting at scale.

How does U GRO Capital make money?

U GRO Capital's cited revenue streams include Interest income on MSME loan book, Co-lending and off-balance-sheet fee income.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.ugrocapital.com · Last verified 15 Jul 2026. · Report a correction