UGRO Capital has acquired Profectus Capital for ₹1,400 crore, aiming to strengthen its position in the MSME lending market in India.

Information on the Target

UGRO Capital has successfully acquired Profectus Capital Pvt. Ltd. for ₹1,400 crore, marking a significant advancement towards establishing itself as a major contender in the micro, small, and medium enterprises (MSME) lending sector. Profectus Capital brings to the table a robust asset quality, showcased by a gross non-performing asset (NPA) ratio of 1.6% and a net NPA ratio of 1.1%, making it a valuable addition to UGRO's portfolio.

This acquisition is seen as a vital consolidation within India's dynamic non-banking financial company (NBFC) sector, as UGRO capitalizes on Profectus Capital's strengths to bolster its offerings and expand its market reach.

Industry Overview in the Target’s Specific Country

India's NBFC landscape is experiencing rapid evolution, particularly in MSME lending, which is increasingly recognized as a key driver of economic growth. With a strong

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UGRO Capital

invested in

Profectus Capital Pvt. Ltd.

in 2025

in a Other deal

Disclosed details

Transaction Size: $170M

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