UGRO Capital Appoints Anuj Pandey as Chief Executive Officer
28 Jun 2025
2 Min Read
CW Team
UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announced the elevation of Anuj Pandey, as the Chief Executive Officer (CEO) of the Company. Anuj is one of the founding team members of UGRO and currently its Chief Risk Officer. The appointment reflects UGRO鈥檚 commitment to strengthening institutional leadership as it scales its MSME lending franchise. Anuj has been an integral part of UGRO since inception, having built the Company鈥檚 risk governance framework and credit architecture. He brings around twenty-five years of diverse experience across companies like GSK consumer, ABN AMRO Bank, Barclays Bank & Religare where he held leadership roles in business and product strategy. He holds a B. Tech degree in Mechanical Engineering and is an alumnus of the Indian Institute of Management, Lucknow.
In his elevated role as CEO, Anuj will lead UGRO鈥檚 pan-India MSME business operations, digital platforms, and partner ecosystem. He will report to Shachindra Nath, Founder, Vice Chairman and Managing Director, who will continue to guide the Company鈥檚 long-term strategy, investor partnerships, and governance.
This appointment comes at a defining moment for UGRO, having crossed 鈧�12,000 Crores AUM in MSME financing, built over 300 branches, announced the strategic acquisition of Profectus Capital and a large capital raise.
Commenting on the appointment, Shachindra Nath, Founder and Managing Director, UGRO Capital, said:
鈥淎nuj鈥檚 elevation as CEO is a natural progression in UGRO鈥檚 evolution as an institution. As a founding member and Chief Risk Officer, his deep understanding of MSME lending, risk, and technology-driven operations makes him ideally suited to lead execution. I will remain fully accountable for UGRO鈥檚 strategic and governance matters, while Anuj takes full charge of the business. With recently concluded acquisition of Profectus and a large capital raise, I along with my Board felt that UGRO should be steered under one strong hand who exclusively focuses on the operating performance while I continue to focus on the strategic agenda of making UGRO as India鈥檚 largest financial institution for MSME financing.鈥�
Anuj Pandey, CEO, UGRO Capital, added, 鈥淚 have been working with Shachindra for last 7 years even prior to our formation. Being part of UGRO鈥檚 founding journey has been a privilege. I look forward to leading the next phase of growth 鈥� expanding our MSME reach, scaling embedded finance, and continuing our mission of 鈥榮olving the unsolved鈥� credit gap with discipline and innovation.鈥�
UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announced the elevation of Anuj Pandey, as the Chief Executive Officer (CEO) of the Company. Anuj is one of the founding team members of UGRO and currently its Chief Risk Officer. The appointment reflects UGRO鈥檚 commitment to strengthening institutional leadership as it scales its MSME lending franchise. Anuj has been an integral part of UGRO since inception, having built the Company鈥檚 risk governance framework and credit architecture. He brings around twenty-five years of diverse experience across companies like GSK consumer, ABN AMRO Bank, Barclays Bank & Religare where he held leadership roles in business and product strategy. He holds a B. Tech degree in Mechanical Engineering and is an alumnus of the Indian Institute of Management, Lucknow.In his elevated role as CEO, Anuj will lead UGRO鈥檚 pan-India MSME business operations, digital platforms, and partner ecosystem. He will report to Shachindra Nath, Founder, Vice Chairman and Managing Director, who will continue to guide the Company鈥檚 long-term strategy, investor partnerships, and governance.This appointment comes at a defining moment for UGRO, having crossed 鈧�12,000 Crores AUM in MSME financing, built over 300 branches, announced the strategic acquisition of Profectus Capital and a large capital raise.Commenting on the appointment, Shachindra Nath, Founder and Managing Director, UGRO Capital, said:鈥淎nuj鈥檚 elevation as CEO is a natural progression in UGRO鈥檚 evolution as an institution. As a founding member and Chief Risk Officer, his deep understanding of MSME lending, risk, and technology-driven operations makes him ideally suited to lead execution. I will remain fully accountable for UGRO鈥檚 strategic and governance matters, while Anuj takes full charge of the business. With recently concluded acquisition of Profectus and a large capital raise, I along with my Board felt that UGRO should be steered under one strong hand who exclusively focuses on the operating performance while I continue to focus on the strategic agenda of making UGRO as India鈥檚 largest financial institution for MSME financing.鈥滱nuj Pandey, CEO, UGRO Capital, added, 鈥淚 have been working with Shachindra for last 7 years even prior to our formation. Being part of UGRO鈥檚 founding journey has been a privilege. I look forward to leading the next phase of growth 鈥� expanding our MSME reach, scaling embedded finance, and continuing our mission of 鈥榮olving the unsolved鈥� credit gap with discipline and innovation.鈥�
Next Story
South West Pinnacle Wins Rs 30 Cr Oman Mining Contract
South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman鈥檚 investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle鈥檚 growing footprint in international exploration and mining services.
..
Next Story
Godrej GEG Boosts Intralogistics with AI and Green Tech
Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20鈥�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..
Next Story
Amit Shah Inaugurates Key Projects Across Gujarat
Union 亚博体育官网首页 Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat鈥檚 Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state.
..