Shachindra Nath – Founder & Vice Chairman - U GRO Capital of Ugro Capital
View Detailed Executive Profile →Professional Overview
- Shachindra Nath founded UGRO Capital Limited in 2018, establishing a pioneering DataTech Non-Banking Financial Company (NBFC) focused on financing Micro, Small, and Medium Enterprises (MSMEs) and small businesses in India.
- Under Shachindra Nath's leadership, UGRO Capital has become one of the largest co-lending partners for various banks in the MSME segment, significantly enhancing access to credit for small businesses.
- Shachindra Nath has emphasized the mission of UGRO Capital to "Solve the Unsolved," targeting the unfulfilled credit gap for small businesses in India, which reflects a commitment to addressing critical financial needs in the sector.
- With a robust background in financial services, Shachindra Nath has over 26 years of diverse executive experience, which has been instrumental in shaping the strategic direction and operational framework of UGRO Capital.
- UGRO Capital successfully raised INR 9,500 million in initial capital, demonstrating Shachindra Nath's ability to attract significant investment and support for the company's vision and growth.
- As of now, UGRO Capital has raised a total of INR 2,700 million in capital, showcasing ongoing efforts to strengthen its financial foundation and expand its services to MSMEs.
- Shachindra Nath aims to serve one million small businesses and capture a 1% market share in the coming years, leveraging data analytics and technology to enhance service delivery and operational efficiency.
- In addition to his role at UGRO Capital, Shachindra Nath serves as the Chairman of the NBFC and Infrastructure Financing Committee of ASSOCHAM, contributing to policy discussions and industry standards in the financial services sector.
- Shachindra Nath has actively participated in various forums and discussions, sharing insights on how UGRO Capital is shaping the financial future for MSMEs, thereby influencing industry practices and trends.
- Through UGRO Capital, Shachindra Nath has initiated innovative financing solutions tailored to the unique needs of small businesses, promoting financial inclusion and economic growth.
- Shachindra Nath's vision for UGRO Capital includes a strong emphasis on technology integration, which is pivotal in streamlining processes and enhancing customer experience in the financial services landscape.
- Shachindra Nath has been recognized for his contributions to the financial services industry, particularly in advancing the cause of MSME financing, which is crucial for India's economic development.
- Shachindra Nath's leadership style fosters a culture of innovation and responsiveness within UGRO Capital, encouraging teams to explore new ideas and solutions to meet the evolving needs of small businesses.
- Through strategic partnerships and collaborations, Shachindra Nath has positioned UGRO Capital as a key player in the MSME financing ecosystem, enhancing its reach and impact across the country.
- Shachindra Nath continues to advocate for the importance of data-driven decision-making in financial services, which is central to UGRO Capital's operational strategy and competitive advantage.
Professional Experience
| Company | Designation | Period |
|---|---|---|
| Northgate Capital | Non Executive Chairman | Sep 2010 – Mar 2016 |
| Aegon Life | Non Executive Director | Sep 2008 – Dec 2011 |
| Qwazent Talent Solutions | Director | Oct 2021 – Apr 2023 |
| Quadria Capital | Investment Committee Observer | Oct 2014 – Aug 2015 |
| Invesco Asset Management (India) Private Limited | Managing Director | Nov 2015 – Apr 2016 |
| Religare Broking Ltd | Chief Operating Officer | May 2000 – Apr 2006 |
| ValueQuest Capital LLP | Advisory Board | Mar 2013 – Jan 2016 |
| Bartleet Religare Securities | Non Executive Director | Jan 2011 – Apr 2016 |
| Abhipra Capital Ltd | Vice President | Jan 1998 – Jan 2000 |
| Obeetee Carpets | Executive Manager | Jan 1996 – Dec 1998 |
| RD & Company | Tax Advisor | Jan 1993 – Dec 1995 |
| U GRO Capital | Executive Chairman | Dec 2017 – May 2022 |
| Religare Credit Advisors LLP | Chairman Investment Committee | Dec 2013 – Apr 2016 |
| Invesco Asset Management (India) Private Limited | Non Executive Director | Dec 2008 – Oct 2015 |
| JK Lakshmipat University, Jaipur | Member Academic Counil | Aug 2023 – Aug 2023 |
| Landmark Partners | Non Executive Director | Apr 2011 – Mar 2016 |
| Religare Enterprises Limited | Group CEO | Apr 2010 – Dec 2015 |
| RELIGARE HEALTH INSURANCE (RHI) | Non Executive Director | Apr 2010 – Dec 2012 |
| IBOF INVESTMENT MANAGEMENT PRIVATE LIMITED | Non Executive Director | Apr 2009 – Mar 2016 |
| Religare Enterprises Limited | Group Chief Operating Officer | Apr 2007 – Mar 2010 |
| Religare Enterprises Limited | Chief Operating Officer | Apr 2006 – Apr 2007 |
| Garware Wall Ropes Ltd | Commercial Trainee | Apr 1992 – Dec 1992 |
| Poshika | Founder | Mar 2016 – Present |
| U GRO Capital | Founder & Vice Chairman | Jul 2018 – Present |
| JK Lakshmipat University, Jaipur | Member Academic Council | Aug 2023 – Present |
Estimated Net Worth
Estimated Range: ₹0 – ₹1000+ Cr (approx. $0 – $120M+)
Based on publicly accessible filings, industry benchmarks, and leadership compensation patterns.
Executive Contact
Official Email: Via Ugro Capital corporate communication desk.
Personal Contact: Not publicly disclosed.
Frequently Asked Questions
What is Shachindra Nath's net worth?
Estimated ₹0 – ₹1000+ Cr (approx. $0 – $120M+).
How can I contact them?
Through Ugro Capital's official communication channels.
Is this an official profile?
No — independently created using public data.
Disclaimer
This profile is created for general informational purposes. All details are based on publicly accessible information and independent research. While accuracy is prioritized, content may not always reflect the latest updates.
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Personal information is intentionally withheld. For official matters, please use formal communication channels associated with the respective organization.
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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)