UGRO Capital to acquire Profectus Capital in Rs 1,400-crore all-cash deal to boost MSME lending

Ugro Capital acquires Profectus Capital
UGRO Capital has acquired Profectus Capital Private Ltd in a Rs 1,400 crore all-cash deal, the mid-sized non-banking finance company (NBFC) announced on June 17.
The acquisition, said to be value accretive from…

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