U Gro Capital partners Laghu Udyog Bharti for MSME campaign

Posted under: MSME
Date: 2023-12-06
U Gro Capital partners Laghu Udyog Bharti for MSME campaign

U Gro Capital has partnered with Laghu Udyog Bharati, the largest MSME association in the country, for an awareness campaign to empower India’s micro-enterprises with knowledge about government schemes, digital credit, and business strategies. U-GRO Capital will use its proprietary underwriting model, GRO Score 3.0, to support cashflow-based lending to MSMEs. “We believe empowering MSMEs with knowledge about government schemes and digital credit solutions is essential for their growth and success. This partnership with Laghu Udyog Bharati will be instrumental in helping us reach, educate, and empower the MSMEs, providing them with inputs that enable them to embrace credit solutions. We view this collaboration as a significant step toward realizing our mission,” said Shachindra Nath, Vice Chairman and Managing Director of U GRO Capital. He added that Ugro will establish a presence across 175 locations by the end of this fiscal year.