U GRO Capital India’s largest co-lending partners for banks in MSME financing: Shachindra Nath

U GRO Capital has developed a Rs 6,200-6,300 crore asset book over the past five years by creating a data stack around lending via GST, banking, and bureau. The company’s sector-focused approach and lending for NBFC is shifting from an on-balance sheet to an off-balance sheet activity through partnerships with banks. U GRO Capital is India’s largest co-lending partner for banks in the MSME financing sector. The company has launched GRO X, India’s first credit platform on UPI, to offer instant credit to small merchants.