India’s U Gro expands its lending reach with Yubi alliance
U Gro Capital in Mumbai, which provides loans to India’s MSME sector, has agreed a partnership with Yubi, a fintech that facilitates debt financing by connecting borrowers, lenders and investors through eight specialist platforms. The partnership will enable U Gro to use Yubi’s Co.Lend platform to expand its lending. India’s MSME financing market is huge and recognised as under-supplied.
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Posted on Aug 11, 2022 Region: India
SME finance, Fintech U GRO Capital, Yubi, debt financing, supply chain finance, MSME