U GRO Capital appoints Amit Mande as Chief Revenue Officer

U Gro

Fintech platform U GRO Capital on Tuesday announced the appointment of Amit Mande as Chief Revenue Officer.

In this role, Mande will handle the asset side of U GRO Capital and primarily focus on deepening the existing distribution channels, creating newer partnerships and continue to scale UGRO’s business, according to a statement.

A management graduate from JBIMS, Mande has extensive experience of more than twenty years in cross-functional banking with expertise in retail assets. Previously, he was CEO of M Capital and prior to that he was business head for Unsecured SME loans for Capital First. Mande has also worked with Barclays Bank, ABN AMRO Bank and Standard Chartered Bank.

Shachindra Nath, Executive Chairman, and MD, U GRO Capital, said, “We are glad to welcome Amit to our team. This addition to our management team would help us to achieve the vision of capturing one percent market share and serving one million small business customers in India. We have been resetting the management team which is nimble and agile, understands conventional underwriting but simultaneously has the ability to adapt to these changes happening.”

Amit Mande, CRO, U GRO Capital, said, “I am delighted to join U GRO Capital which is closely working on a mission of solving the unsolved credit needs of small businesses through its unique initiatives. The building blocks of digitization, strong analytics, robust risk platform, and a large, diversified distribution which have been put in place in a short span of two years is a matter of inspiration for every other FinTech. My continuous engagement with Nath and the Board of U GRO gives me confidence that U GRO is the long-term home for achieving my professional goals.

Source: Economic Times

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