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.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

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
Infrastructure Transport

Telangana Eyes Rail Boost for $1 Trillion Goal

Telangana Chief Minister A Revanth Reddy emphasized the state's commitment to contributing $1 trillion to India's $5 trillion economic vision, contingent on robust railway infrastructure development. Speaking virtually at the inauguration of the modernized Cherlapally terminal, the CM called for central government support for key rail projects, including the second phase of Hyderabad Metro and the early execution of the Vikarabad-Krishna rail line via Kodangal. Highlighting Telangana's land-locked nature, Reddy proposed a dedicated rail line between Secunderabad and Machilipatnam port in Andhr..

Next Story
Infrastructure Transport

Thane Reviews Road Projects Amid Key Challenges

The city of Thane has recently undertaken a comprehensive review of its ongoing road infrastructure projects, focusing on overcoming key challenges that have hindered their timely completion. The review meeting, led by senior municipal officials, was aimed at assessing the current progress of multiple roadworks and addressing obstacles such as land acquisition issues, delayed approvals, and lack of coordination between departments. Among the most pressing concerns raised during the review were the frequent disruptions caused by local traffic, difficulties in obtaining necessary permissions for..

Next Story
Infrastructure Urban

MP Expands Vikram Udyogpuri for Investments

The Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired over 400 hectares of private land to develop Phase 2 of the Vikram Udyogpuri industrial area. This expansion aims to attract significant industrial investments and address the rising demand for space in the region. Vikram Udyogpuri currently spans 458 hectares and is nearing full capacity. The MPIDC has initiated the process of land acquisition and is preparing a detailed project report for the second phase. This strategic project will be a highlight at the upcoming Investors' Summit 2025 in Bhopal this February. "We ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000