Ugro Capital is an MSME lending fintech platform. It uses the emerging data tripod of GST, banking and bureau coupled with its sectoral analysis to solve the problem of credit for small businesses.

The company’s standalone net profit stood at Rs 28.89 crore in Q2 FY24, steeply higher than Rs 5.27 crore posted in Q2 FY23. Total income jumped 63.3% YoY to Rs 253.63 crore.