UGRO CAPITAL RECEIVES A PATENT FOR ITS INNOVATIVE CREDIT SCORING MODEL – GRO SCORE
UGRO CAPITAL RECEIVES A PATENT FOR ITS INNOVATIVE CREDIT SCORING MODEL – GRO SCORE Of ficially Titled ‘Method and System for Modelling Credit Scorecards’, this Revolutionary Model Breaks Barriers in Credit Access Pune : UGRO Capital, a leading DataTech NBFC focused on MSME lending, has achieved a groundbreaking milestone by receiving a patent for its proprietary credit scoring model, GRO Score. Officially titled ‘Method and System for Modelling Credit Scorecards,’ this patent underscores UGRO Capital’s pivotal role in reimagining credit evaluation for a highly diverse and underserved borrower base. MSMEs contribute nearly one-third of India’s GDP yet face significant credit access challenges due to traditional lenders’ dependency on collateral and income-based assessments. UGRO Capital addresses this issue with GRO Score, a cutting-edge credit evaluation model leveraging alternate data, such as repayment histories, banking transactions, and GST records, to provide a comprehe...