Thursday, September 19, 2024
Outlook.com
Outlook India
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Fmo

UGRO Capital Limited is a DataTech Lending platform, listed on NSE and BSE

Arohan has raised the entire money through the issuance of compulsorily convertible preference shares (CCPS)

The company is planning to extend its funding to small businesses across the country

It plans to utilise the fresh capital for market expansions and product development

Northern Arc plans to use half of the funds to provide financial assistance to MSMEs and women entrepreneurs in India

The payment-focused start-up is backed by Bessemer Venture Partners, USA, FMO, Netherlands, Catamaran Ventures, Panthera Growth Partners, Singapore and Alumni Ventures