EV Finance Company Mufin Green Raises $5.7 M From Incofin

Source: Money Control

Electric Vehicle financing company Mufin Green Finance has raised $5.7 million in its series A funding round led by from Incofin India Progress Fund (IPF).

Through this funding, the company plans to disburse income-generating loans worth INR 5,000 crore in the next five years, resulting in an overall reduction of four million tones of carbon emission, the firm said in a statement on 3 October.

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