DMI Finance, the New Delhi-based specialty lending arm of India’s DMI Group, has secured a $334 million investment from Mitsubishi UFJ Financial Group (MUFG), bringing its total funding from MUFG to approximately $565 million. This latest investment aims to bolster DMI Finance’s growth in consumer loans, mortgages, and corporate lending, and enhance its overall digital finance solutions in India, supporting various credit services and contributing to financial inclusion. The partnership has led to strategic collaborations and business integrations, further solidifying MUFG’s commitment to the Indian fintech market.
India’s DMI Finance Lands A Further $334M Investment from MUFG