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SNG & Partners represents UGRO Capital in its Equity Capital Raise of INR 340 Crore from Marquee Institutional Investors

Represented: UGRO Capital Limited

Total Deal Value in USD: 41 Million

Deal Makers

Partners: Amit Aggarwal, Soumyajit Mitra and Aditya Vikram Dua

Other Lawyers: Kawaljeet Kaur, Rachit Munjal, Devyani Dhawan, and Ayushi Parnami

UGRO Capital Limited, a leading technology-enabled small business lender, has raised INR 340 crore through a private placement offering of INR 240 crore and QIP of up to INR 101 crore. SNG & Partners represented UGRO Capital in the transaction. UGRO Capital intends to use the proceeds from the funds raised to primarily provide onward lending to the MSME segment and take credit to the last mile.

The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at [email protected] mentioning your firm’s name, lawyers involved (including designation) and client represented.

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