Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
UGRO Capital raises Rs 1,265 Cr via CCDs and warrants
MSME & Udhyam
UGRO Capital Limited, an MSME-focused NBFC, raised Rs 1,265 crore through compulsory convertible debentures and warrants. Samena Capital invested Rs 500 crore, with Aregence and prominent Indian family offices also participating. Founder Shachindra Nath highlighted their goal of building a data-tech driven lending institution accessible to public market investors. \r
Recently, UGRO Capital approved the acquisition of MyShubhLife, a Bengaluru-based embedded finance platform, for Rs 45 crore, enhancing their service offerings to SMEs.
