DMI Finance Private Limited has closed a $400-million equity investment round led by Japanese player MUFG Financial Group through its consolidated subsidiary MUFG Bank. Existing investors Sumitomo Mitsui Trust Bank Limited (SuMi TRUST Bank) also participated in the round, which included primary and secondary transactions.
We feel that MUFG and SuMi TRUST Bank are the perfect investors for us,” said Yuvraj Singh, Co-founder and Joint Managing Director of DMI Finance.