MUFG Boosts Investment in DMI Finance with $334 Million Bet

28 Aug 2024 CW Team

Mitsubishi UFJ Financial Group (MUFG), Japan's largest bank, has further strengthened its commitment to DMI Finance by investing an additional $334 million. This strategic move reflects MUFG?s confidence in India's growing financial technology sector and its potential for long-term growth. The fresh infusion of capital is expected to bolster DMI Finance?s lending and digital financial services, particularly targeting underserved segments of the population.

DMI Finance, a leading player in India's fintech and non-banking financial company (NBFC) sector, specialises in providing digital loans, including consumer and personal loans. With this investment, MUFG aims to deepen its foothold in India's dynamic financial services market, leveraging DMI Finance?s expertise in digital lending and technology-driven financial products.

The new funding will enable DMI Finance to enhance its credit offerings, expand its customer base, and explore new avenues in digital finance. This collaboration underscores MUFG?s strategic focus on emerging markets, where digital platforms are increasingly shaping the future of financial services.

MUFG?s continued investment signals a strong belief in India?s fintech ecosystem, which has seen significant growth due to rising demand for digital financial solutions. The partnership is expected to accelerate innovation in the sector, benefiting both consumers and businesses.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..