Manba Finance Limited, a renowned NBFC, has forged strategic partnerships with BGauss Auto, Fin Coopers Capital, and ProsParity to advance India’s move towards sustainable mobility and broaden its vehicle financing reach.
Monil Shah, Executive Director and Chief Business Officer of Manba Finance, highlighted that these collaborations exemplify the company’s dedication to accessible and innovative financial solutions. He emphasized that these alliances would help them extend their footprint, enhance services, and support communities with socially responsible initiatives.
Strategic Alliances Driving Change
1. Empowering EV Financing with BGauss Auto The partnership with BGauss Auto, a leading EV manufacturer, focuses on making EV financing more accessible and affordable. This collaboration promotes India’s shift towards green mobility by meeting the growing demand for sustainable transport options and expanding Manba Finance’s customer base.
2. Leveraging ProsParity for Digital-Driven Loan Processing With ProsParity’s advanced digital platform, Manba Finance aims to enhance credit flow and streamline loan approvals. By employing data analytics and AI-based risk assessment tools, this partnership strengthens financial decision-making and contributes to accelerating EV adoption in India.
3. Strengthening Vehicle Financing with Fin Coopers Capital Manba Finance’s alliance with Fin Coopers Capital is designed to offer competitive and flexible vehicle loan options. This collaboration taps into Fin Coopers Capital’s expertise in investment and capital management to deliver faster approvals, improved interest rates, and better funding access.
Widening Market Reach
The partnerships with Fin Coopers Capital and ProsParity are set to expand Manba Finance’s operations in Madhya Pradesh, while the alliance with BGauss Auto will bolster its presence in BGauss’ dealer network, facilitating easier access to EV financing for buyers.
These strategic initiatives position Manba Finance as a key player in fostering India’s sustainable mobility revolution.