India’s EV Policy 2024 empowers local manufacturers to lead the charge toward sustainable mobility. By offering subsidies for domestic production and fostering advanced EV technologies, the policy aims to reduce import dependency while boosting innovation. Manufacturers are using scalable EV solutions tailored to Indian needs, including efficient battery systems and affordable models. These efforts position India as a global leader in the EV revolution, creating opportunities for economic growth and environmental progress. Together, India’s vision for clean energy and innovation sets the stage for a future driven by green technology. Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
Mufin Green Finance
Financial Services
New Delhi, Delhi 7,352 followers
Digital & Transparent gateway to get loans !
About us
Mufin Green Finance is India's first listed NBFC with a 100% focus on EV financing. With a capital base of 250 Cr and a disbursement history of 800Cr and EV vehicles, we have financed EV assets worth more than 1000Cr over the last couple of years. Our commitment to sustainability and financial inclusion has helped us become one of the leading EV finance providers in the country. We hold a 7-8% market share of EV financing in our operating territory, spread across 14 states. As an impact-driven company, we are backed by Incofin India Progress Fund, a Belgium-based impact investor, as equity partners. Our debt partners include State Bank of India (India's No. 1 government bank), IREDA (India's most trusted financial institution for renewable energy) and Symbiotics (a global impact fund) that has started a partnership in the form of green bonds with Mufin Green, with other 35+ lenders on board. Our vision is to make the world a healthier and wealthier place for all. We are all about making a positive and lasting social, environmental, and financial impact. We have received technical assistance from Shell Foundation, a leading organization in sustainable solutions. This validates our commitment to creating a positive impact in a clean and greener way. Our goal is to revolutionize the EV industry in India by offering customized financing solutions to meet the needs of the EV segment. We have already disbursed more than INR 800 crores towards electric vehicles, making a tangible difference to the health of our planet. Our aim is to grow 2X in this financial year and reach a benchmark of 1100 Cr AUM by adding more financing products like Solar Financing to our portfolio over the next 12 months.
- Website
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http://www.mufingreenfinance.com/
External link for Mufin Green Finance
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- New Delhi, Delhi
- Type
- Public Company
- Founded
- 2016
- Specialties
- comprehensive financial services, working capital, and financial services to customers
Locations
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Primary
201-202, 2nd Floor, Best Sky Tower Plot no F5, Netaji Subhash Place, Pitam Pura
New Delhi, Delhi 110034, IN
Employees at Mufin Green Finance
Updates
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🌞 Power your future with the sun! Thanks to government subsidies and affordable rooftop solutions, solar energy can cut your electricity bills by 50%. With India targeting 280 GW solar capacity by 2030, it’s time to embrace clean energy and reduce your carbon footprint. 🌱 Together, Let's build a Sustainwe’re building a sustainable tomorrow! Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
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India’s EV Policy 2024 is revolutionizing the auto sector by prioritizing sustainable mobility. Traditional automakers are stepping up by incorporating electric vehicle production, creating localized supply chains, and embracing cutting-edge battery technologies. These changes align with government incentives such as reduced import duties and production-linked subsidies, which aim to accelerate EV adoption. With increased focus on affordability and innovation, legacy manufacturers are adapting to a green future while facing fierce competition from EV startups. This highlights India’s commitment to reducing emissions and building a cleaner, more sustainable transportation ecosystem. Kapil Garg| Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal l CA Gunjan Jain | Mayank Singh | Madhur Goel
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Nitrogen oxides (NOx) and carbon monoxide (CO) are primary pollutants from conventional vehicles, contributing to smog, respiratory illnesses, and climate change. NOx causes acid rain, ozone formation, and water toxicity, while CO poses severe health risks, including fatal poisoning. With transport responsible for 66% of NOx and 97% of CO emissions, in times like these, EV adoption becomes a vital step for combating this. EVs eliminate tailpipe emissions, reducing these pollutants drastically. Not only, are EVs reducing pollution, they are also exempt from Graded Response Action Plan (GRAP), when they get implemented. With our collective efforts, India can improve air quality, mitigate health risks, and address climate challenges, creating a sustainable and livable future for its citizens. Kapil Garg| Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal l CA Gunjan Jain | Mayank Singh | Madhur Goel
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Your house can save up to 213.2 kilograms of CO2 emissions per month. Here's how: Switching to solar energy is one of the most impactful decisions you can make for both your wallet and the planet. On average, a household in India consumes about 260 kWh of electricity per month, which contributes to around 213.2 kilograms of CO2 emissions, considering the current carbon intensity of 0.82 kg of CO2 per kWh. By installing solar panels, you can offset this entire amount. Solar power, being a clean and renewable energy source, produces zero carbon emissions during electricity generation. Not only does this significantly reduce your environmental footprint, but it also helps you contribute to the global effort against climate change. The financial benefits are just as compelling. By harnessing the sun's power, you'll lower your electricity bills and reduce your dependence on grid power, typically generated from fossil fuels. Over time, the initial cost of installing solar panels pays off through savings on electricity costs, while also increasing the value of your home. Would you be ready to make the change? Embrace a cleaner, more sustainable future with solar energy and do your part in reducing CO2 emissions. It’s time to switch to solar and make a lasting environmental impact—while saving money simultaneously! 🌱💡 #SolarEnergy #CleanEnergy #ReduceCO2 #Sustainability #GreenLiving Kapil Garg| Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal| CA Gunjan Jain | Mayank Singh | Madhur Goel
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With Mufin Green Finance, you can lower your energy bills and raise your impact with affordable solar power solutions. Visit us at www.mufingreenfinance.com to learn more Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
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Let’s light up our homes, not the skies! ✨ This Diwali, choose eco-friendly celebrations that spread joy, not pollution. 🌱💚 Celebrate a cleaner, greener, and healthier Diwali with love, laughter, and lights. 🪔 Together, let’s protect our environment for future generations. Happy Diwali! 🎇🌍 #CleanGreenDiwali #EcoFriendlyCelebration Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
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Wishing you a bright and prosperous Dhanteras! 🌟 May this festive season bring you wealth, health, and endless happiness. May your homes and hearts shine with the light of joy and new beginnings. ✨ Happy Dhanteras to you and your loved ones! 🪔💛 #HappyDhanteras #FestiveJoy Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
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🌱💡 We’re driving a greener tomorrow by financing green energy solutions! Mufin Green Finance is committed to supporting sustainable energy projects, making renewable power more accessible and affordable for all. Together, let's build a cleaner and more sustainable future! 💚 #GreenEnergy #Sustainability Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal | Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel
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☀️ Save more with solar energy! Switch to sustainable power and watch your electricity bills drop while contributing to a greener planet. 🌍 Mufin Green Finance offers affordable solar financing options to make clean energy accessible for all. Let’s power the future together! 💚 #GoSolar #GreenEnergy Kapil Garg | Luv Khanna | Umesh Aggarwal | Dhiraj Agrawal| Parveen Sabharwal | CA Gunjan Jain | Mayank Singh | Madhur Goel