UGRO Capital, a leading DataTech NBFC focused on MSME lending, has completed the 100% acquisition of Profectus Capital.
The acquisition follows the initial announcement made after the board meeting on June 17, 2025 and the approval received from the Reserve Bank of India (RBI) on September 18, 2025.
With the addition of Profectus ₹3,468 crore AUM, UGRO’s consolidated AUM rises to ₹15,471 crore, a consolidated 29% AUM expansion.
Profectus now becomes a wholly owned subsidiary of UGRO Capital effective December 8, 2025. The company will soon initiate the merger process of Profectus into the parent company, subject to Board and shareholder approvals. Both companies will continue operating independently until formal approval of the merger.
Shachindra Nath, Founder and Managing Director of UGRO Capital, said, “With the completion of this acquisition, we have strengthened the foundation for the next phase of UGRO’s growth, one that is defined by stronger returns, more efficient use of capital and a sharper, more resilient earnings engine. Profectus brings a secured, high-quality book that immediately enhances our profitability profile, but more importantly, it gives us long-run compounding power through a better asset mix, deeper distribution and a more diversified lender base. This transaction is an investment in stability, scalability and value creation, and sets us firmly on the path to delivering consistently higher ROE for our shareholders.”
