Social VC Investments
Ugro Capital raises $40-M debt led by DFC to lend to women-led businesses
Mumbai-based, publicly listed Ugro Capital has raised a loan of USD 40 million from United States International Development Finance Corporation (DFC). The funding will be used by the company to increase the lending capacity focusing on the SME and women-owned businesses.
Between Jan-18 and Jun-24, Urgo Capital had raised about USD 317 M from IndGrowth, ADV Partners, Newquest, Pacific Alliance Group,Samena Capital,Sachin Bansal, IFU,ADB and others. This excludes the USD 40.70 debt funding previously raised.
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