Mufin Green Finance Secures ₹324 Crore Equity Investment
Mufin Green Finance Limited has raised ₹324 crore in an equity funding round from major investors. The round saw participation from MMG Family Office, SageOne Investment Managers, Sandeep Kapadia and DS Group.
The funding strengthens the company’s capital position as it continues to support India’s fast-growing electric mobility ecosystem.
Promoter Hindon Mercantile Backs the Funding Round
Promoter Hindon Mercantile Limited also participated in the round by subscribing to warrants convertible into equity shares.
This move reflects strong promoter confidence in the company’s long-term growth strategy and future opportunities in green mobility financing.
Funding to Boost EV and Clean Mobility Lending
The new capital will help Mufin Green Finance expand its lending portfolio, particularly in electric vehicles and sustainable mobility solutions.
As EV adoption accelerates across India, financial institutions that support vehicle financing play a critical role in enabling fleet operators, logistics companies, and small businesses to transition to electric mobility.
