Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
U GRO Capital, a technology-enabled lender to small businesses, has roped in Global Value Creation Partners (GVCP) to build a globally benchmarked environmental, social and governance (ESG) framework.
The multi-year engagement would result in GVCP helping U GRO to solve small businesses credit problem in India.
GVCP was founded by Sanjeev Goel, former Global Co‐Head of Equities for Financial Institution Group of International Finance Corporation (IFC) of the World Bank group.
As a part of the engagement, GVCP has also placed two global experts as advisors to U GRO to support in strategy, corporate and risk governance, and overall institutional development. The experts are Vincent Polizatto, a former Chief Risk Officer, Asia Pacific at IFC and William Haworth, former Chief Strategist, Chief Credit Officer and Portfolio Manager in Financial Institutions Group with IFC.
“With GVCP’s support, we are confident to create a premier institution for financing small and micro businesses,” Shachindra Nath, Executive Chairman and Managing Director of U GRO Capital said.
“MSMEs in India need efficient, fast, reliable and cost‐effective funding partner with a shared mission ‐‐ not just a lender ‐‐ to overcome the obstacles they face in realizing their potential for generating employment and economic prosperity for a large section of the society. U GRO has designed a very differentiated and smart business model for solving the access to finance problem that holds MSMEs back,” Sanjeev Goel, founder of GVCP said.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
With initial public offerings galore, we give you a cheat sheet to score some good grades
Biggest risk in selling funds in a rising scenario is exiting early and missing out on further gains
Go for a standard vector-borne diseases policy if you don’t have a regular health plan
No credit risk is an attraction, but note the nuances
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
While Supreme Court has cleared the way for women seeking longer tenures and senior roles in the Indian Army, ...
Mughal Gardens in the Capital open to visitors — albeit with Covid-19 protocol — for the annual Udyanotsav
Salty, buttery, cheese coated or with maple syrup and bacon — popcorn is lending its adaptable self to gourmet ...
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor