<p>Highlights of the U GRO Capital and Laghu Udyog Bharati Partnership:</p><p>- Significance of MSMEs: More than 2/3rd of Economy is Directly and Indirectly impacted by Micro & Small Enterprises. Credit Gap to Micro & Small Enterprises is INR 85 Trillion, which is estimated as 80% of Demand and No Supply.</p><p>- Empowering MSMEs: 90% of Micro & Small Enterprises Don’t have access to Organised Financial Support from Government and FI. The Collaboration aims to Financially Empower this segment.</p><p><br>- Strategic Collaboration: Laghu Udyog Bharati, spread in 27 States, 550 Districts, as the largest MSME association in India and U GRO Capital, a leading DataTech NBFC focused on MSME lending, have formed a strategic partnership.</p><p><br>- Financial Access: Providing Equal access to credit and financial resources is crucial for the growth of MSMEs, and this partnership is geared towards positively impacting micro-enterprises by promoting their growth and success.</p><p><br>- Educational Initiatives: Laghu Udyog Bharati and U GRO Capital as part of their outreach to conduct seminars, workshops, and events in over 100 micro markets across India, aimed at Financial inclusion of more than 45000 Micro & Small Enterprises, to educate and Financially empower small businesses.</p><p>- Nationwide Presence: The awareness campaign will span across 175 locations, demonstrating the commitment to reaching and educating a wide network of MSMEs.</p><p>- Government Scheme Awareness: The partnership aims to increase awareness about government schemes and the benefits of being part of the formal economy among MSMEs.</p><p>- Mission and Vision Alignment: Laghu Udyog Bharati's commitment to supporting micro-enterprises aligns with U GRO Capital's mission to address the credit needs of over 1 million small businesses in India over the next three years.</p><p>- Financial Inclusion: Laghu Udyog Bharati, in alignment with the G20 Financial Inclusion Mission, seeks to fulfil the financial needs of Micro and Small Enterprises, and this collaboration with U GRO Capital is a step towards achieving this objective.</p><p>- Data Tech Lending Platform: U GRO Capital, listed on NSE and BSE, operates as a Data Tech Lending platform, utilizing data analytics and strong technology architecture to address the small business credit gap in India.</p><p>- Lending as a Service (LaaS): U GRO Capital has pioneered the "Lending as a Service" model in India, operationalizing co-lending relationships with large public sector banks and NBFCs through platforms like GRO Xstream.</p><p style="margin-left:0px;"><br> </p>
