Ugro Capital: Ugro Capital acquires embedded credit platform MyShubhLife for Rs 45 crore
The deal with MSL enables Ugro Capital to enter the tech-enabled embedded finance market. The non-bank lender will initially pay Rs 28 crore to acquire 76% of MSL, while the remaining Rs 17 crore will be paid later to secure full ownership of the company.
Source: indiatimes.com