+
MUFG Boosts Investment in DMI Finance with $334 Million Bet
ECONOMY & POLICY

MUFG Boosts Investment in DMI Finance with $334 Million Bet

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.

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.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?