Social VC Investments
Mufin Green Finance raises $5-M from BlueOrchard
Publicly listed, New Delhi-headquartered Mufin Green Finance has raised USD 5 million in debt from BlueOrchard, an impact investor.With a capital base of INR 150 crore and a disbursement history of INR 250 crore, Mufin claims to have financed electric vehicle assets worth more than INR 300 crore over the last couple of years. The firm is backed by Incofin India Progress Fund. Its debt partners include State Bank of India, IREDA and Symbiotics, another global impact fund.
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