Mumbai, June 18 -- The transaction, subject to regulatory and shareholder approvals, is expected to close within the next two to three months.

The acquisition of Profectus Capital is strategically aimed at enhancing UGRO Capital's four core NBFC pillars. It is expected to result in an immediate 29% growth in assets under management (AUM), significantly diversifying the combined loan book and accelerating expansion into high-yield Emerging Markets and Embedded Finance segments.

The deal also marks UGRO's entry into school financing, with an estimated medium-term potential of Rs 2,000 crore. According to the company, the acquisition offers strong geographic and product alignment, particularly in secured loan against property (LAP), machin...