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MUFG Bank-backed DMI Finance expands leadership team

People

14 October, 2024

MUFG Bank-backed DMI Finance expands leadership team

DMI Finance, which raised Rs 2,798 crore in equity investment from Mitsubishi UFJ Financial Group Inc in August, has added two senior ......

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Deals Digest: Large BFSI deal propels funding momentum this week

General

23 August, 2024

Deals Digest: Large BFSI deal propels funding momentum this week

Private equity and venture capital investments saw a significant uptick this week, driven by a few large-ticket deals, according to ......

MUFG Bank doubles down on its investment in DMI Finance

Finance

22 August, 2024

MUFG Bank doubles down on its investment in DMI Finance

DMI Finance Pvt Ltd, the non-banking lending arm of the DMI Group, has raised Rs 2,798 crore (approximately $333 million) ......

MUFG Bank's arm leads equity round in DMI Finance

Finance

03 April, 2023

MUFG Bank's arm leads equity round in DMI Finance

Japan-based Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, has led a $400 million equity investment round ......

DMI Finance buys controlling stake in payment firm Appnit

Finance

28 March, 2022

DMI Finance buys controlling stake in payment firm Appnit

New Delhi-based non-bank lender DMI Finance has acquired a controlling stake in payment system operator Appnit Technologies Private Limited (ATPL), ......

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

Finance

11 January, 2022

Japan's Sumitomo Mitsui Trust Bank, others invest $47 mn in DMI Finance

DMI Finance Private Limited has announced the closure of a $47 million (around Rs 347.5 crore) equity investment round from new ......

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Finance

01 November, 2021

Former SBI chairman, Alchemist ARC promoter booked in loan scam case

Rajasthan’s Jaisalmer police have arrested ex-State Bank of India (SBI) chairman Pratip Chaudhuri in relation to a loan scam case ......

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DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Finance

02 September, 2021

DMI Finance-backed ARC to launch $27 mn maiden distressed asset fund

Non-bank lender DMI Finance-backed Alchemist Asset Reconstruction Company (ARC) Pvt Ltd has planned to launch its maiden alternative investment fund ......

DMI Finance arm backs Chennai developer Vista Spaces

Infrastructure

26 November, 2019

DMI Finance arm backs Chennai developer Vista Spaces

DMI Alternatives, an arm of DMI Finance, has invested Rs 100 crore ($14 million at current exchange rate) across residential ......

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Auto component maker Flash Electronics plans IPO

Manufacturing

10 May, 2019

Auto component maker Flash Electronics plans IPO

Flash Electronics (India) Pvt. Ltd, an automobile component maker based in Pune, is looking to go public in two years, ......