Ugro Capital Limited

Ugro Capital Ltd is a listed non-banking financial company (NBFC) based in India, specializing in providing customized lending solutions to micro, small, and medium enterprises (MSMEs). Headquartered in Mumbai, Ugro Capital leverages advanced technology, sectoral specialization, and data analytics for effective credit underwriting and risk assessment. With a strong focus on under-served business segments, the company operates through both direct and partnership models, catering to the credit needs of MSMEs across sectors such as healthcare, education, chemicals, food processing, hospitality, electrical equipment, and light engineering.

Ugro Capital operates a diversified lending portfolio through digital and physical distribution networks across India, supported by its proprietary GRO–Xstream platform. The company has strengthened its balance sheet through multiple rounds of equity raises, steady institutional backing, and a stable asset quality, positioning itself as an emerging leader in MSME finance. As of the latest disclosures, Ugro Capital has expanded its branch network, strengthened lender partnerships, and invested in digital capabilities, driving scale and reach among India’s vast MSME borrower base.