Mufin Group has acquired LKP Finance in an all-cash deal. LKP Finance, a well-established NBFC, brings valuable capital strength and industry experience to the table.
With this investment, Mufin Group is set to expand its capital base by ₹370 crore, accelerating its mission to provide innovative and accessible financial solutions.
Leveraging LKP’s established network and credibility, Mufin Group aim to scale our lending operations and drive sustainable growth.
Kapil Garg, Managing Director of Mufin Group, said, “This acquisition is a pivotal step in our journey to scale and transform our business. By leveraging LKP Finance’s capital base alongside Mufin’s expertise in lending, we will drive financial inclusion, enhance liquidity, and introduce cutting-edge financial products. Our vision is to empower businesses and individuals with seamless access to credit, fuelling sustainable economic growth.”
