
UGRO Capital Limited has crossed the INR 10,000 crore milestone in Assets Under Management (AUM), a stark increase from the approximate INR 1,700 crore in 2022. To celebrate this achievement, UGRO Capital has launched the UGRO 10K Celebration Run—a virtual marathon campaign to promote the health and well-being of its employees. The company also released the UGRO Anthem, a motivating track created in-house using AI technology by UGRO’s employees.
The Grand 10 KM Virtual Marathon will take place on 27th October 2024, where employees from across the country will come together on a health app to participate in the run. UGRO also organised a series of 3 KM, 4 KM, and 5 KM virtual runs, aiming to cover 10,000 kilometres collectively. The campaign will continue through Diwali, with participants rewarded with running and health gear.
UGRO Capital’s Founder and Managing Director, Shachindra Nath, commented on the milestone and said, “Crossing the INR 10,000 crore AUM mark in just about three years is a monumental achievement. This accomplishment is a testament to the unwavering dedication of our employees and the robust support of our partners, MSMEs, and over 60 lenders, co-lending partners, and global development financial institutions.”
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Nath also expressed his gratitude towards the company’s investors, shareholders, and Board members, and advised maintaining a healthy work-life balance.
UGRO Capital Limited is a DataTech NBFC specialising in MSME lending. Its mission is to enhance MSME growth through efficient credit deployment. The company has already extended financial assistance to over 1 lakh MSMEs across India.