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.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..