U GRO Capital Ltd announced Mr. Navin Puri as an Independent Director

MUMBAI: U GRO Capital, a BSE listed, technology enabled, small business lending company has appointed Mr. Navin Puri, a financial services veteran as an Independent Director on its Board.

Mr. Navin Puri was formerly the country Head of Branch Banking at HDFC Bank and has over 30 years of experience in the financial services industry.  He has held several senior positions in various capacities in HDFC Bank and ANZ Grindlays Bank. He has completed his MBA from Texas University and B. Com. From St. Xavier’s College, Calcutta. He is also a member of The Institute of Chartered Accountants, India.

U GRO Capital, which is backed by multiple marquee investors including NewQuest, PAG, ADV Partners and Samena Capital prides itself on its strong corporate governance framework and in being a truly board controlled, management run institution.

Mr. Navin Puri joins other industry luminaries including Satyananda Mishra, the former Chief Information Commissioner of India, NK Maini, the former Deputy Managing Director of SIDBI, Rajeev Agarwal, ex-member of SEBI, Abhijit Sen, the ex-CFO of Citi India, Ranjana Agarwal, a partner at Vaish & Associates and S. Karuppasamy, the former Executive Director of the RBI on U GRO’s majority independent board.

Mr. Shachindra Nath, Chairman and Managing Director, stated “It is with great pleasure that we welcome Mr. Navin Puri to our Board. One of the founding pillars of U GRO is board driven corporate governance, - a core tenet of which is strong Independent Directors. Mr. Puri is a highly respected figure who will not only add great value to us in this aspect, but also through his strategic insights resulting from a long and successful career in the Indian financial sector. We are confident that this will be a fruitful addition that will provide great long-term value to U GRO.”

U GRO’s philosophy is to bring together individuals with deep and non-overlapping expertise on its board and has a board comprising of individuals with experience in working with regulatory bodies like RBI, SEBI, developmental funds like SIDBI, the Indian government and those with significant expertise in the audit and compliance functions. With Mr. Navin Puri, the company has onboarded a seasoned private banker who will help it in its journey to ‘Solve the Unsolved’ – the small business credit availability problem in India.

Latest Reads
Contemporary-chic lifestyle brand "India Circus" opens 1st store in Kolkata

The launch party of India Circus by Krsnaa Mehta, a Godrej Venture was hosted last evening by Mr. Swarup Dutta, in the presence of Mr. Krsnaa Mehta, Founder & Executive Director, India Circus, a Godrej Venture. Through the outstanding success of this high-octane evening, India Circus reaffirmed...

MAM Marketing MAM
No job losses yet, Parle senior category head Mayank Shah clarifies

MUMBAI: Parle Products Pvt Ltd, a leading Indian biscuit maker was in controversy because of the news spread on the layoff of over 10,000 workers due to the slowing economic growth and falling demand in the rural heartland which could cause production cuts.

MAM Marketing MAM
Kinetic India powers Tata CLiQ Electronics campaign

MUMBAI: Kinetic Worldwide is a leading global player in the out-of-home (OOH) media industry and has successfully executed creative campaigns for a number of its clientele. Yet another success story is the Tata CLiQ Electronics campaign.

MAM Media and Advertising Ad Campaigns
Asian Paints launches ‘Where The Heart Is - Season 3’

MUMBAI: There’s a big difference between a house and a home. While a house can be an expensively decorated sprawling spread, located in a prime area, it’s a home that carries within it the dreams, memories, and warmth of those who dwell in it.

MAM Marketing Brands
Likee creates guinness world record for its Independence Day campaign

MUMBAI: Likee, the pioneering global short video creation platform from Singapore based BIGO Technology has won the Guinness World Record for creating the 'Largest online video album of people waving a flag in India' during its 'No matter where I am, #IAMINDIAN' campaign. More than 1 lac Indians...

MAM Marketing MAM
Spotify’s Sunte Ja hits the high note with Indian consumers

MUMBAI: Spotify India’s first multi-lingual national TV-led campaign ‘Sunte Ja’ has struck a chord with consumers in the country with its strategic media mix of TV, OOH and Digital. This campaign follows Spotify’s first geo-localised and hyper-contextualised marketing campaign ‘There’s A Playlist...

MAM Marketing MAM
Madison Media launches data-driven marketing and insights platform Datask

MUMBA: India’s foremost media agency, Madison Media today unveiled Datask, its proprietary consumer-based targeted marketing and insights platform, designed to identify and define personalised experiences at scale across creative, media and CRM. Datask drives customer-forward mar-tech capabilities...

MAM Media and Advertising Digital Agencies
Paytm Wins BCCI Title Sponsorship Second Time in A Row, with able facilitation by Wavemaker & ESP Properties

Wavemaker and ESP Properties, GroupM’s sports and entertainment marketing agency, has collaborated and facilitated the renewal of the partnership between Paytm and BCCI for the title sponsorship rights for BCCI’s International and Domestic cricket matches at home from 1st September 2019 to 31st...

MAM Media and Advertising Sponsorship
Little Black Book audience is very high intent, says founder & CEO Suchita Salwan

Connecting more than 4 million users to about a hundred thousand brands across 10 cities in the country, Delhi-based discovery and recommendation platform Little Black Book (LBB) is leading a diverse route in the evolving world of content-led commerce.

MAM Marketing Brands

Sign up for our Newsletter

subscribe for latest stories