UGRO Capital to finalize Profectus acquisition, targets ₹17,000 crore AUM
pre-market1 source ↓written by the desknot a recommendation
- to its asset
- ₹3,000 crore
- by fiscal year-end
- ₹16,500–17,000 crore
UGRO Capital is on track to complete its acquisition of Profectus Capital this month, adding ₹3,000 crore to its asset base. This move will help the company exceed its AUM target of ₹15,000 crore. With this acquisition, UGRO aims for a consolidated AUM of ₹16,500–17,000 crore by fiscal year-end, driven by growth in micro LAP and digital finance partnerships.
Not investment advice. For informational purposes only.