Mufin Green Finance

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.

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