Ugro Capital Raises ₹75 Cr via Commercial Papers

Ugro Capital has successfully raised ₹75 crore through the issuance of commercial papers to support working capital and lending operations. The move aligns with the NBFC’s strategy to diversify funding sources and enhance liquidity.

Why it matters: Short-term funding raises like commercial paper issues indicate a proactive liquidity and balance-sheet strategy amid tightening funding costs and competitive credit markets.