Mufin Green Secures USD 18 Million Loan for EV Financing
Mufin Green, a Kolkata-based EV financing company, has secured an USD 18 million loan from the US International Development Finance Corporation to expand its lending business.
New Delhi, Dec 19 (PTI) Mufin Green on Thursday said it has signed an agreement with the United States International Development Finance Corporation to avail USD 18 million loan.
The deal will enable Mufin Green finance the onward lending business, a regulatory filing said.
The agreement with the US government's development finance institution was signed on Wednesday, Mufin Green said.
Kolkata-based Mufin Green focuses on financing in the electric vehicle ecosystem, including two-wheelers, three-wheelers, four-wheelers, fast chargers and swappable batteries.
The deal will enable Mufin Green finance the onward lending business, a regulatory filing said.
The agreement with the US government's development finance institution was signed on Wednesday, Mufin Green said.
Kolkata-based Mufin Green focuses on financing in the electric vehicle ecosystem, including two-wheelers, three-wheelers, four-wheelers, fast chargers and swappable batteries.
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