UGRO Capital Appoints Anuj Pandey as Chief Executive Officer
ECONOMY & POLICY

UGRO Capital Appoints Anuj Pandey as Chief Executive Officer

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’s 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’s 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’s 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’s long-term strategy, investor partnerships, and governance.

This appointment comes at a defining moment for UGRO, having crossed ₹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:

“Anuj’s elevation as CEO is a natural progression in UGRO’s 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’s 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’s largest financial institution for MSME financing.”

Anuj Pandey, CEO, UGRO Capital, added, “I have been working with Shachindra for last 7 years even prior to our formation. Being part of UGRO’s founding journey has been a privilege. I look forward to leading the next phase of growth — expanding our MSME reach, scaling embedded finance, and continuing our mission of ‘solving the unsolved’ credit gap with discipline and innovation.”

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’s 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’s 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’s 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’s long-term strategy, investor partnerships, and governance.This appointment comes at a defining moment for UGRO, having crossed ₹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:“Anuj’s elevation as CEO is a natural progression in UGRO’s 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’s 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’s largest financial institution for MSME financing.”Anuj Pandey, CEO, UGRO Capital, added, “I have been working with Shachindra for last 7 years even prior to our formation. Being part of UGRO’s founding journey has been a privilege. I look forward to leading the next phase of growth — expanding our MSME reach, scaling embedded finance, and continuing our mission of ‘solving the unsolved’ credit gap with discipline and innovation.”

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App