Hat Tip: Equi Alpha
Sachindra Nath is the Executive Chairman & Managing Director of Ugro Capital Ltd
He also is a Director/Promoter in various other Entities including Poshika Financial Ecosystem Pvt. Ltd
Now what is amusing is that Poshika Financial Ecosystem Pvt. Ltd. received 24.5 Cr from Ugro Capital as advisory and fund raising charges ! Basically, when Ugro was meeting investors and raising money, Sachinder Nath’s private Co raked in the moolah too
Now Nath has defended this with the following tweet:
As Bhavik Mehta points out, the information on this in the public domain is meagre
