Patni Family Office Increases Stake in UGRO Capital Beyond 5 Percent

Patni Family Office Acquires 5% Stake in UGRO Capital

The Patni Family Office, one of India's most active multi-generational investment groups, has built a significant stake in UGRO Capital, an MSME-focused data-tech lender. A regulatory filing on Monday, March 30, but dated March 27, revealed that Zodiac Wealth Advisors LLP, the Patni Group's investment vehicle, along with 22 other entities comprising individual family members, trusts, and holding vehicles, collectively holds 79,52,860 shares, or 5.0268% of UGRO Capital's paid-up equity.

The acquisition, made entirely through open market purchases, crossed the 5% threshold on February 9, 2026. The group has clarified that it has no relationship with the promoter group and is investing purely for long-term portfolio purposes. This investment is a testament to the Patni Family Office's active involvement in the financial sector, with a focus on long-term growth.

Patni Financial Advisors, established in 2005, operates as a family investment office deploying capital across equity, debt, real estate, commodities, and other financial structures. According to reports, the family office invested ₹1,161 crore in 2022 alone, its highest single-year deployment, and tracks a portfolio of over 137 companies spanning fintech, retail, consumer, software, and financial services.

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Key Stakeholders in UGRO Capital

Meanwhile, IFU, the Danish government-owned development finance institution, committed ₹240 crore to UGRO through the Danish SDG Investment Fund to support green finance for MSMEs. The significant investment in UGRO Capital highlights the Patni Family Office's commitment to supporting innovative financial institutions and promoting growth in the MSME sector.