UGRO Capital Limited announced that Mr. Om Prakash Sharma has resigned as the chief operating officer of the company on 19 February 2024, as he would like to be closer to his base location of family which is currently far away from Mumbai. Mr. Sharma shall continue to serve notice period as per the terms of the appointment and company's policies to ensure smooth transition. Mr. Sharad Agarwal has been appointed as the chief operating officer with effect from 19 February 2024.

Mr. Agarwal brings over 26 years of multi-faceted experience in building start-ups, driving growth, Fintech Lending, Managing P&L, IT, Operations, Customer Service, Quality and Program Management in Banking, Financial Services and Insurance Sector. His last assignment was with Rapi Money as the CEO of the organization. In addition, he has previously worked with Fintree Finance as its CEO, Roha Housing, Religare, CitiFinancial, Max New York Life Insurance, and Associates Financials.

Across his career journey spanning dynamic business environments, he has built proven expertise and prowess in setting up start-up FinTech's, NBFCs and HFCs and has extensively built Enterprise IT and Operations Strategy and Controls.