UGRO Capital’s GROx targets ₹5,000 crore AUM after ₹5,500 crore loan originations
UGRO Capital’s GROx platform says it has originated more than ₹5,500 crore in merchant loans within 12 months of acquisition. It is targeting ₹5,000 crore in assets under management, using transaction, GST and banking data to lend working capital to kiranas, pharmacies, fuel stations and neighbourhood businesses.
UGRO Capital’s GROx merchant-lending platform has originated over ₹5,500 crore in loans in 12 months and targets ₹5,000 crore AUM, using transaction, GST and banking data to extend working capital to Indian kiranas, pharmacies, fuel stations and neighbourhood businesses.
Why this matters
No related recent UGRO Capital signals were provided. GROx’s loan-origination scale-up highlights the lender’s focus on data-based working-capital finance for small neighbourhood merchants.
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