UGRO Capital Ltd has acquired 100% stake in Profectus Capital Pvt Ltd, marking a strategic step to consolidate its position in SME lending. The acquisition strengthens UGRO’s tech-driven credit model, expanding its customer base and product portfolio in the secured MSME segment. Both entities now operate under a unified brand identity.
UGRO Capital Ltd, a leading data-tech lending platform focused on MSMEs, announced the complete acquisition of Profectus Capital Pvt Ltd. The move enhances UGRO’s presence in secured lending and widens its reach across sectors like healthcare, manufacturing, and education.
Profectus, previously backed by private equity firm Actis, holds a strong loan book primarily serving small and medium businesses. Following the acquisition, UGRO’s consolidated loan book is expected to scale significantly, boosting its growth trajectory in India’s MSME finance ecosystem. The merged entity aims to leverage advanced analytics, digital loan origination, and co-lending partnerships to provide greater credit access to underserved entrepreneurs.
Key Highlights
-
UGRO Capital acquires 100% equity of Profectus Capital Pvt Ltd.
-
Strengthens presence in secured and MSME financing.
-
Consolidated loan book expected to expand substantially.
-
Integration to enhance digital lending and risk analytics capabilities.
-
Combined entity to operate under UGRO Capital brand name.
Source: UGRO Capital Ltd Exchange Filing (BSE), Business Standard, Moneycontrol.