U GRO Capital appoints Amit Gupta as Chief Treasury Officer

FinTech startup U GRO Capital has announced the appointment of Mr Amit Gupta as Chief Treasury Officer. In this role, he will build long term partnerships with Public and Private Sector Banks, Capital Market linked borrowings, Development Financial Institutions and Banks for Co-Lending.

Mr Shachindra Nath, Executive Chairman and Managing Director of U GRO Capital announced the appointment. He welcomed Amit Gupta to the team, as the Chief Treasury Officer. He said, “NBFCs business model is going through an exciting phase of transition wherein the liability side for the next decade would be driven more by an off-balance-sheet partnership.”

“Given Amit’s experience, he would be an invaluable addition to the organization; considering the depth of his knowledge and expertise as a financial professional. The entire management team wishes him a successful journey at U GRO Capital,” he further added.

About Amit Gupta

Before U GRO Capital, Amit served as the Head of Investment and Acquisition at Shapoorji Real Estate Fund. There he deployed more than USD 300 Million of capital from the fund. Amit has over 17 years of experience. He is a financing professional who has worked with large multinational and domestic banks. He has also led global real estate consultancy and marquee real estate fund. His rich experience includes exposure to the entire range of wholesale banking products including Rupee Loans, Foreign Currency Loans & related Hedging solutions, Working Capital Solutions, Transactional Banking Products, among others.

On the appointment, Mr Amit Gupta announced his delight and said that U GRO Capital is closely working on a mission of solving the unsolved credit needs of small businesses through its unique initiatives. “I look forward to leverage my domain knowledge in further strengthening the existing and prospective industry associations. I also aim to support the growth of the treasury business of the organization.”