Our EV Journey

At Mufin Green Finance, we take pride in financing climate sustainable products & EV financing is one of our key solutions which is driving our end vision to achieve a greener planet. 

Mufin Green Finance Limited, is a 100% focused on Environment and Social Governance focused financing products, to begin with currently focus is on India’s fastest growing electric vehicle industry.

EV market in India is estimated to be US$206 billion opportunity by 2030 and is growing at booming rate of 36% CAGR year on year. Mufin Green intend to contribute to 4-5% market share of the business by 2030.

Mufin Green Finance is the first EV Pure Play listed company, with an Equity Capital base of 158 cr. Since its inception, we are a leading EV financier with a presence across 14 states, 150+ cities, and growing. 24191+ borrowers and electric vehicles worth ₹350 crores on the road are just the initial few feathers in our hat.

We have been creating financing solutions in the country, for income generation through electric vehicles, electric charging stations and swappable batteries. With the goal to create an environmental, economic and a social impact with our efforts, Mufin Green Finance has reached an AUM of >250 crores with 240+ team members.

Our EV Journey

Discover a few milestones that have shaped us into what we are today.

Our Journey

Discover a few milestones that have shaped us into what we are today.

Staying Dedicated to Our Chosen Path is What We Do Best!

Sustainable Development Goals


Accomplishments that remind us we’re on the right path.

No Poverty

  • Loan for income generation
  • Livelihood improvement
  • Promotion of entrepreneurship

Gender Equality

  • Enabling women to become drivers for income
  • 12% borrowers are women
  • Woman Director on the Board

Affordable & Clean Sector

  • Affordable & Modern clean energy EVs made accessible
  • Upgraded technology and EV infrastructure made accessible

Decent Work & Economic Growth

  • A formal channel of credit available to the financially underserved segment
  • Decoupling economic growth from environmental degradation with EVs
  • Promotion of job creation and entrepreneurship
  • Job opportunities for youth and women

Industry, Innovation & Infrastructure

  • Affordable credit made accessible to the underserved segment
  • Modern technology and EV infrastructure made accessible
  • Promotion of domestic technological development, innovation, and research in the EV ecosystem

Sustainable Cities & Communities

  • Affordable, safe, sustainable and accessible transportation system made possible
  • Reduction of the per capita environmental impact by adopting clean & green EVs

Mufin Green Finance became a subsidiary of Hindon Mercantile Ltd on 9th March, 2022

Mufin Green is an early mover in EVs and is very keen to expand its horizon.

  • Create a PAN India presence & enable financing of all EV products under one roof- We are driving EV penetration across India in all major product segments, under the Mufin Green umbrella.
  • Grow our portfolio with more green products – Expand our reach by creating financing solutions for more green products, along with the ones in the EV ecosystem.

Risk Mitigation

Accomplishments that remind us we’re on the right path

OEM’s

Accomplishments that remind us we’re on the right path

Partners

Go environment-friendly & Join the
Climate Financing Revolution

Here at Mufin Green Finance, we value our customer’s feedback and resolve their queries in every possible manner.

Go Phygital & Join the Green Revolution

Here at Mufin Green Finance, we value our customers’ feedback and resolve their queries in every possible manner.