- Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions to corporate borrowers and serves as an embedded finance partner for Indian businesses. It was founded in 2008 and serves around 25 million customers.
- Recent Investment: DMI Finance has secured a $334 million equity investment from Mitsubishi UFJ Financial Group (MUFG) through its subsidiary, MUFG Bank.
- Investment History: MUFG previously invested $400 million in DMI Finance in April 2023. With this latest investment, MUFG’s total investment in DMI Finance has reached approximately $565 million.
- Financial Performance: In FY 2024, DMI Finance disbursed over $2.25 billion in loans.
- Services Offered: The company provides various financial services, including short-term bridge financing, working capital solutions, and loans for micro, small, and medium-sized enterprises (MSMEs).
- Collaboration and Strategy: The investment aims to capture the growth of the digital finance market in India and deepen collaboration between MUFG and DMI Finance. The collaboration includes business partnerships, financial solutions, and knowledge sharing to contribute to financial inclusion in India.
