Strategic Partnerships Announced
Manba Finance Limited has entered into two strategic partnerships:
Partnership 1: AMU Leasing Pvt. Ltd.
- AMU Leasing is a Gurugram-based NBFC focused on electric mobility financing
- Collaboration focuses on financing electric three-wheelers and other commercial EVs
- Geographic coverage: Uttar Pradesh and Madhya Pradesh
- Target segments: driver-owners, MSMEs, and first-time borrowers
- Objectives: Improve credit access, enable faster disbursements, simplify loan processes, accelerate adoption of zero-emission mobility
Partnership 2: BRMP Leasing & Finance Private Limited (operating as "SHFIN")
- Focus on expanding two-wheeler financing solutions
- Geographic coverage: Vidarbha region of Maharashtra
- Target markets: underserved rural and semi-urban markets
- Objectives: Improve access to transparent and technology-driven financial solutions
Management Commentary
Mr. Manish Shah, Managing Director - Manba Finance Limited stated: "These collaborations reflect our commitment to building a future-ready and inclusive lending ecosystem. While our partnership with AMU Leasing supports India's transition towards sustainable mobility, our association with SHFIN enables us to deepen our reach in rural Bharat. Together, we aim to empower communities and drive meaningful financial inclusion."
Ms. Nehal Gupta, Managing Director - AMU Leasing Pvt. Ltd. stated: "This collaboration is a step forward in our mission to make sustainable mobility accessible to all. By joining hands with Manba Finance, we are strengthening our ability to create impact at scale—driving financial inclusion while supporting India's transition to clean transportation."
Mr. Gurinder Singh Sehmbey, CEO - SHFIN stated: "We are pleased to partner with Manba Finance Limited in a collaboration that marks a significant step in our growth journey. This partnership will enable us to deepen our reach in underserved markets and empower communities through reliable and responsible financial services."
Company Background
Manba Finance Limited is described as a leading listed NBFC with a strong presence in vehicle financing across India. The company has a customer-centric approach and focus on financial inclusion, offering accessible and technology-driven lending solutions.
Financial Impact
Financial impact not quantified in the disclosure. No specific financial terms, investment amounts, or revenue projections were disclosed for either partnership.