U GRO Capital, a leading DataTech NBFC focused on MSME lending, partnered with Laghu Udyog Bharati, an organisation dedicated to supporting and promoting microenterprises, to hold a seminar in Jodhpur, Rajasthan, as a part of a nationwide initiative to educate small businesses on government schemes and promote digital credit. This is the first of 100 scheduled seminars aimed at raising awareness and educating micro-enterprises in India about government schemes, digital credit, and methods for success in a changing business landscape. This is a critical step towards enabling micro-enterprises throughout the country.
The financing picture for MSMEs in Rajasthan is improving, and Jodhpur, the Sun City, has enormous potential for MSME growth. Rajasthan is home to about 6 lakh MSMEs, which employ over 37 lakh people and have long been the country’s economic backbone. U GRO Capital is committed to assisting MSMEs in their growth journey, having a strong presence in key towns including as Jodhpur, Kota, Jaipur, Bikaner, and Udaipur, as well as over 20 micro-locations across Rajasthan. The company provides finance to MSMEs in the Jodhpur suburbs of Barmer, Pali, Sumerpur, and Jaitaran, so helping to the economic development of these communities.
U GRO Capital’s innovative financial solutions and proprietary underwriting process, GRO Score 3.0, distinguish it as an important partner in expanding cashflow-based lending to Rajasthan’s MSMEs. Rajasthan, with its thriving economic activity, stands to profit greatly from these educational initiatives, which would promote a favourable atmosphere for MSMEs to prosper.
Shachindra Nath, Founder and Managing Director of U GRO Capital, expressed his enthusiasm, saying, “Our mission at U GRO Capital is to empower small businesses across India. Jodhpur, with its dynamic MSME ecosystem, holds immense potential for growth. Through this seminar and our partnership with Laghu Udyog Bharati, we aim to equip local businesses with the knowledge and tools necessary for success in the digital era.”
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Shri Ghanshyam Ojha, President of Laghu Udyog Bharati, added, “Laghu Udyog Bharati is committed to supporting micro-enterprises, and our collaboration with U GRO Capital aligns seamlessly with our vision. The seminar in Jodhpur marks the beginning of a transformative journey, bringing government schemes and digital credit solutions directly to the doorstep of MSMEs in Rajasthan.”
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