Mufin Group Acquires Majority Stake in LKP Finance in an All-Cash Deal
The acquisition increases Mufin Group’s net worth by ₹370 crore and is expected to support its expansion strategy by utilizing LKP Finance’s capital base and industry presence to strengthen lending operations and market reach in key regions.
Mufin Group has acquired a majority stake in LKP Finance Limited in an all-cash transaction, increasing the group’s net worth by ₹370 crore. The acquisition is expected to support Mufin Group’s expansion plans by utilising LKP Finance’s capital base alongside its expertise in lending.
LKP Finance Limited is a non-banking financial company (NBFC) in India, offering financial services across lending and investment segments. The company provides credit solutions to businesses and individuals, including loans backed by assets and working capital financing.
With an established presence in the financial sector, LKP Finance has built a network that supports its lending operations. Its expertise in financial management and capital allocation has contributed to its market positioning. Following its acquisition by Mufin Group, LKP Finance’s capital base is expected to support expansion efforts, strengthen lending capabilities, and enhance accessibility to financial solutions in key regions.
Mufin Group is a financial services company in India, operating across various segments, including lending, financial inclusion, and investment solutions. The group focuses on providing accessible and technology-driven financial services to businesses and individuals. With a presence in multiple regions, Mufin Group aims to expand its offerings by leveraging industry expertise and strategic acquisitions.
The company’s operations primarily include non-banking financial services (NBFC), catering to retail and institutional clients. It provides credit solutions, including loans for businesses, working capital financing, and asset-backed lending. Mufin Group emphasizes digital platforms to streamline its services, making financial products more accessible to customers.
Mufin Group also focuses on financial inclusion by offering solutions tailored to small businesses and underserved segments. By integrating technology with lending services, the company aims to enhance credit accessibility and support economic growth. Its financial products cater to a wide range of customers, including micro, small, and medium enterprises (MSMEs) seeking structured financing solutions.
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