Mufin Green Finance, an NBFC focused on green finance, raised ₹54.4 crore (USD 6.5 million) through private placement of non-convertible debentures (NCDs) from U.S.-based impact investor Developing World Markets (DWM). The funds, disbursed in two tranches with a 36-month maturity, will expand Mufin’s loan and lease portfolio, supporting electric vehicles, batteries, charging infrastructure, and solar projects.
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