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U Gro Capital on hiring drive; plans to double workforce by end FY-22

Source | | Sreeradha Basu, ET Bureau

Small business lending fintech platform U Gro Capital is on a hiring spree, intending to ramp up its current employee strength of 500-550 to 1000-plus by end-FY22, as it aggressively scales up its existing branch footprint within the same period.

The MSME-focused digital lender has started expansion in the tier 3-4 regions in the states of Gujarat, Rajasthan, Tamil Nadu, Telangana and Karnataka. The company aims to expand its network of 34 branches to 100 by the end of FY 2022. It will be adding 50

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