DMI Finance
Digital-first non-banking financial company (NBFC) headquartered in New Delhi, offering consumption, personal and MSME loans, distributed through digital channels and embedded-finance partnerships with platforms such as Samsung, Google Pay and Airtel.
DMI Finance: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 22 Aug 2024 | Private Equity | $334 Mn | MUFG Bank | source |
| 3 Apr 2023 | Private Equity | $400 Mn | MUFG Bank Sumitomo Mitsui Trust Bank | source |
| 11 Jan 2022 | Private Equity | $47 Mn | New Investment Solutions NXC Corporation Sumitomo Mitsui Trust Bank | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 18 Jan 2024 | DMI Finance | ZestMoney | Undisclosed | source |
| 28 Mar 2022 | DMI Finance | Appnit Technologies | Undisclosed | source |
News on DMI Finance
No coverage of DMI Finance linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on DMI Finance
Who founded DMI Finance?
DMI Finance was founded by Shivashish Chatterjee, Yuvraja C. Singh in 2008.
How much funding has DMI Finance raised?
DMI Finance has raised $781 Mn across 3 tracked funding round(s), most recently on 2024-08-22. Figures are compiled from cited public sources.
Who are the investors in DMI Finance?
Investors in DMI Finance include MUFG Bank, Sumitomo Mitsui Trust Bank, New Investment Solutions, NXC Corporation.
What does DMI Finance do?
Digital-first non-banking financial company (NBFC) headquartered in New Delhi, offering consumption, personal and MSME loans, distributed through digital channels and embedded-finance partnerships with platforms such as Samsung, Google Pay and Airtel.
Where is DMI Finance headquartered?
DMI Finance is headquartered in New Delhi, Delhi, India.
What is DMI Finance's business model?
DMI Finance's core value proposition centers on Trusted digital finance partner, Nationwide digital reach at scale, AA-rated balance sheet strength.
How does DMI Finance make money?
DMI Finance's cited revenue streams include Interest income from consumption, personal & MSME loans, FY24 operating revenue growth.