UGRO Capital announced a significant milestone, having successfully raised INR 2,500 million through Non-Convertible Debentures (NCDs) from Asian Development Bank (ADB). This investment underscores ADB's unwavering commitment to fostering inclusive, resilient, and sustainable prosperity by supporting small businesses at the grassroots level. UGRO had received financing of INR 2,500 million through Non-Convertible Debentures (NCDs) from FMO, the Dutch entrepreneurial development bank in December 2023 as well.