Mufin Green Finance
PublicLast Round
Debt
Jul 15, 2025
Total Funding Raised
$157.8M
Company Overview
Mufin Green Finance Limited is a publicly-listed Indian Non-Banking Financial Company (NBFC) and a subsidiary of Hindon Mercantile Limited. The company is a pioneer in India's green financing sector, with a primary focus on the electric vehicle (EV) ecosystem. It provides a range of financial products, including loans for electric two, three, and four-wheelers, as well as financing for EV charging infrastructure and swappable batteries. Mufin Green Finance targets underserved segments, particularly in semi-urban and rural areas, with a significant portion of its borrowers being first-time recipients of formal credit. In addition to EV financing, the company is expanding its portfolio to include solar financing for assets like hotels, hospitals, and commercial buildings. The company was incorporated in 2016 and was formerly known as APM Finvest Limited until its name change in July 2022.
AI Layer
Non-AI
Keywords
Mufin Green Finance Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Mufin Green Finance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jul 15, 2025 | ||||
| Debt | May 27, 2025 | ||||
| Debt | Dec 18, 2024 | ||||
| Debt | Mar 7, 2024 | ||||
| Series B | Feb 6, 2024 | ||||
Convertible Debt | Dec 27, 2023 |
Mufin Green Finance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| BlueOrchard | Debt |
| Kotak Mahindra Investments | Debt |
| IREDA | Debt |
| Symbiotics Investments | Debt |
| Incofin Investment Management | Series A |
| Developing World Markets | Debt |
Mufin Green Finance Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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