Mumbai: Japanese banking giant Mitsubishi UFG Financial Group (MUFG) has infused an additional ₹2,798 crore ($334 million) in digital lending company DMI Finance Pvt. Ltd, a sign of growing ...

DMI Finance Private Limited has closed a $400-million equity investment round led by Japanese player Mitsubishi UFJ Financial Group through its consolidated subsidiary MUFG Bank. Existing ...

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps ...

However, Aditya Birla Finance and Piramal had recently backed out of the deal. DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform. Through this acquisition ...