 "investment bankers")
Delhi-based DMI Finance Private Ltd (DMI Finance) has raised $47 million (Rs 352 crore) in equity investment from Sumitomo Mitsui Trust Bank Ltd and others to support business growth plans.
DMI Finance, lender since 2009, is the non-banking financial company of the DMI Group. The equity raised by DMI Finance takes its total equity base to $ 500 million. SuMi TRUST Bank joins existing investors in DMI Finance, including New Investment Solutions and NXC Corporation.
DMI, in a statement, said it has a full-stack digital lending and loan life cycle management platform. And has a pan-India customer base of over 6 million
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