Danish Sustainable Development Goals Investment Fund to invest in UGro Capital.

Danish Sustainable Development Goals Investment Fund to invest in UGro Capital, a small business lending fintech platform. Financial terms were not disclosed. "It was our desire to create an Institutionally Owned, Independently Supervised and Professionally managed FinTech in the listed world so that the opportunity is available to the large universe of Public Market Institutional Investors, HNIs, AIFs, PMS and Retail Investors. We intent to gain 1% market share with 1m small businesses – it has been our endeavour to change the life of small businesses and having a global development financial institution like IFU as a partner would help us achieve our mission with an accelerated pace," Shachindra Nath, UGRO Capital Vice Chairman and Managing Director.