UGRO Capital raises $45.6M Debt (India, Sep 2026)
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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
| Sep 21, 2026 | Drivn | $5.4M | Seed | India |
| Sep 21, 2026 | BharatPe | $14.0M | Debt | India |
| Sep 21, 2026 | Skillmatics | $75.0M | — | India |
| Sep 21, 2026 | National Bank for Financing Infrastructure and Development | $500.0M | Debt | India |
18,093 investors back startups in India
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