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Backed by FMO · verified emails and LinkedIn on Datapile
MSME-focused lender UGRO Capital raises Rs 380 crore via NCDs from Dutch development bank FMO - Indian Startup News
UGRO Capital is an India-based DataTech NBFC specializing in MSME and small-business financing. They provide loans to small businesses with limited access to formal credit, using a proprietary underwriting model. This funding will be used to finance women-owned and youth-led businesses, and eligible green projects.
MSME-focused lender UGRO Capital raises Rs 380 crore via NCDs from Dutch development bank FMO Indian Startup News

| Oct 30, 2026 | Qiroko | $18K | Pre-seed | India |
| Oct 30, 2026 | Pronto | $25.0M | Series B | India |
| Oct 30, 2026 | Manastu Space | $3.0M | Series A | India |
| Oct 30, 2026 | Smylo | $3.2M | — | India |
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