Corporate News     05-Apr-23
Ugro Capital launches GRO X App for aiding instant loans to MSMEs
Ugro Capital announced the launch of GRO X App, a credit line on UPI for MSMEs. It will enable small business owners, retailers, traders, professionals, and small manufacturers across India to obtain collateral-free instant credit for immediate working capital requirements and to manage their financial liquidity. The Company has recently unveiled its first brand campaign to demonstrate its technological prowess, superior underwriting, and instant loan solutions for last-mile MSMEs.

Over 63 million MSMEs in India today employ more than 110 million people and account for nearly 30 percent of the country's GDP. However, a lack of timely credit prevents them from realising their potential. U GRO Capital's newly launched GRO X App aims to address this small business credit need by utilising data analytics and technology to provide flexible and affordable credit to MSMEs.

Previous News
  Ugro Capital allots NCDs aggregating Rs 35 cr
 ( Corporate News - 25-Jun-24   18:40 )
  Ugro Capital receives ratings action from India Ratings and Research
 ( Corporate News - 31-Jul-24   17:52 )
  UGRO Capital schedules board meeting
 ( Corporate News - 27-Dec-23   13:47 )
  UGRO Capital to hold board meeting
 ( Corporate News - 16-Jan-24   10:15 )
  Ugro Capital to raise Rs 30 cr via CP issuance
 ( Corporate News - 26-Jun-23   16:03 )
  UGRO Capital to table results
 ( Corporate News - 03-Nov-23   16:49 )
  Ugro Capital standalone net profit rises 331.76% in the June 2022 quarter
 ( Results - Announcements 23-Jul-22   08:23 )
  Ugro Capital raises Rs 10 cr via CPs
 ( Corporate News - 19-Apr-23   20:03 )
  Ugro Capital to raise Rs 341 cr via equity route
 ( Corporate News - 11-Apr-23   14:34 )
  Ugro Capital allots NCDs aggregating Rs 25 cr
 ( Corporate News - 16-Jul-22   11:28 )
  Ugro Capital appoints Kishore Lodha as CFO
 ( Hot Pursuit - 02-Sep-22   09:22 )
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