Ugro Capital Receives Patent for Innovative Credit Scoring Model - GRO Score

UGRO Capital, a leading DataTech NBFC, has received a patent for its proprietary credit scoring model, GRO Score. This third iteration of the model, GRO Score 3.0, leverages alternate data and advanced statistical algorithms to provide a comprehensive assessment of borrowers without formal income documentation. The model has assessed over 1.7 lakh loan applications, analyzing over 5.6 lakh bureau records, 2.3 lakh bank statements, and 80,000 GST reports. This patent reflects UGRO Capital’s unwavering dedication to technological excellence and reinforces its mission to bridge the MSME credit gap.