The non-banking company has recently approved the acquisition of financial services platform MyShubhLife for an enterprise value of Rs 45 crore in a cash and equity deal.
Hot MSME Growth: Top Undervalued Pick in NBFCs aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
UGRO Capital Limited embraces Embedded Financing for credit need of small merchants bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
The board also approved raising equity capital of Rs 1,322 crore through Compulsory Convertible Debentures (CCD) and warrants. The equity fundraise is subject to shareholder approval.