Indian lender DMI Finance raises $230m from Europe's New Investment Solutions

Non-banking financial company DMI Finance Pvt. Ltd has raised $230 million from European asset management firm New Investment Solutions (NIS).

The Liechtenstein-based firm founded by Takashi Sato, which has invested in the firm earlier as well, will remain the majority shareholder of DMI Finance.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter