Partnerships to enhance vehicle financing solutions, boost green mobility, and drive digital transformation across India

Manba Finance, a non-banking financial company (NBFC), has partnered with BGauss Auto, Fin Coopers Capital, and ProsParity to accelerate India’s transition towards sustainable mobility and empower financial growth across the country. This collaboration aims to strengthen the company’s commitment to delivering innovative and accessible financial solutions, while supporting the growing demand for electric vehicles (EVs) and offering improved vehicle financing options.

Manba Finance Limited has always been at the forefront of digital innovation, streamlining lending processes to ensure transparency, efficiency, and accessibility. With a range of products including financing for new and used 2-wheelers, 3-wheelers, electric vehicles, small business loans, and personal loans, the company continues to provide flexible, paperless solutions to meet the evolving needs of customers in urban, semi-urban, and rural regions of India.

Speaking about the partnerships, Monil Shah, Executive Director and Chief Business Officer of Manba Finance, stated, “Our partnerships with BGauss Auto, Fin Coopers Capital, and ProsParity align with our mission to provide faster, more accessible financial solutions while supporting sustainable and eco-friendly mobility. These collaborations allow us to broaden our reach, enhance our services, and further our efforts in creating a digitally advanced India.”

The collaboration with BGauss Auto is especially significant, as it aims to make financing for electric vehicles (EVs) more affordable and accessible to Indian consumers. As demand for green transportation options grows, this partnership positions Manba Finance to tap into the expanding EV market, promoting eco-friendly choices that contribute to a sustainable future. This alliance will facilitate easier financing options for potential EV buyers, helping to reduce the barrier to entry for electric mobility.

ProsParity’s role in this strategic collaboration will enhance the loan processing capabilities of Manba Finance, offering an advanced digital platform that utilizes data analytics for better risk assessment. The technology-driven approach aims to streamline credit flow, enabling faster loan disbursals, improved financial solutions, and supporting the growth of electric vehicles within the green mobility sector.

Additionally, the partnership with Fin Coopers Capital will bolster Manba Finance’s vehicle financing offerings, giving customers access to more competitive and flexible financing options. Leveraging Fin Coopers Capital’s expertise in investment and capital management, this partnership will facilitate quicker loan approvals, enhanced interest rates, and a smoother borrowing process for customers.

The alliances are poised to create significant ripple effects in the financial landscape across Madhya Pradesh, where Manba Finance plans to expand its presence, and across India’s wider dealer network through the partnership with BGauss Auto. This move ensures that more customers, especially those considering EVs, can benefit from easier financing options, ultimately driving growth in the electric mobility space.

Manba Finance Limited’s strategic alliances mark a promising step forward in its vision of fostering a digitally advanced India while promoting eco-friendly transportation solutions. Through these partnerships, the company is set to play a pivotal role in shaping India’s sustainable and financially empowered future.