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UGRO CAPITAL TO ACQUIRE PROFECTUS CAPITAL IN A ₹1,400 CR ALL-CASH DEAL

Trade Brains

This all-cash deal, with the consideration payable in a single tranche at closing shall mobilize proceeds from UGRO’s recently announced equity raise, will deploy capital into a fully secured asset portfolio delivering instant scale benefits with zero origination costs, making Profectus a wholly owned subsidiary. and Net NPA of 1.1%.

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Transcript: Melissa Smith, co-Head of Commercial Banking at JPMorgan

The Big Picture

And I think a good example of that is within the innovation economy kind of ecosystem overall where, because it is so interconnected, when you think about VC firms funding, you know, portfolio companies, the, those portfolio companies having founders, they’re oftentimes, they’re repeat founders. Hey, that’s fair.

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