Mufin Green Finance raises Rs.50-Cr via NCDs from InCred Capital
New Delhi-headquartered non-banking financial company (NBFC) Mufin Green Finance , focused on electric mobility and clean energy financing, has raised INR 50 crore through an NCD issue, with InCred Capital as the investor.Mufin provides financing for electric vehicles (EVs), including two-wheelers, three-wheelers, and four-wheelers, primarily for income-generating purposes like ride-sharing. The company also offers financing for charging infrastructure and swappable battery systems.
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