The country's Initial Public Offering (IPO) scene has experienced significant activity over the past few years, marked by a high number of companies going public. The trend seems to be driven by favorable market conditions, conducive regulations, and a growing investor appetite.
NBFC focusing on electronic vehicle (EV) financing, Mufin Green Finance's acquisition will bring in INR 340 crores of equity capital into the business. This increased equity capital will help in building Mufin Finance's green portfolio enabling the alignment with sustainable goals and positively impacting the society.
The commerce and industry minister also said that there is a need to tap into more sources of capital as that can give a fillip to the small business sector