India’s startup IPO surge has delivered mixed results, with many listings struggling post-debut, while traditional companies quietly generate steadier investor returns.
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