Manba Finance Limited forms Strategic Alliances with BGauss Auto, Fin Coopers Capital, and ProsParity

Manba Finance Limited, a leading NBFC providing tailored financial solutions to meet the varied requirements of customers, today announced forming a strategic alliance with BGauss Auto, Fin Coopers Capital, and ProsParity to drive India's shift towards sustainable mobility and empower the aspirations of customers across the country.

Manba Finance Limited uses technology to streamline lending, ensuring efficiency and transparency, which helps build strong, long-term relationships with clients by offering fast, accessible loans across India's cities, towns, and villages. With a focus on innovation and empathy, Manba Finance Limited aims to create a digitally advanced India, providing quick, paperless finance solutions while positively impacting society. Manba Finance Limited offers a range of financial solutions for new 2-wheelers, 3-wheelers, Electric 2 Wheelers, Electric 3 Wheelers, used cars, Small Business Loans and Personal Loans.

Mr. Monil Shah, Executive Director and Chief Business Officer, Manba Finance Limited, speaking about the partnerships, said, "Our partnerships with BGauss Auto, Fin Coopers Capital, and ProsParity will help us to strengthen our commitment to delivering innovative and accessible financial solutions. These partnerships enable us to expand our reach, enhance our offerings, and support communities across India with efficient, transparent, and socially responsible services. Together, we aim to empower individuals and businesses, driving positive change and fostering long-term growth."

Manba Finance Limited collaborates with BGauss Auto allows making financing for electric vehicles (EVs) more accessible to customers and promotes sustainable, eco-friendly transportation as well. This collaboration also positions Manba Finance Limited to tap into the growing green mobility market, meeting the increasing demand for sustainable transportation while expanding their customer reach. The collaboration will help make electric vehicle financing more accessible and affordable, supporting eco-friendly transportation and sustainable choices.

The association with ProsParity will give Manba Finance Limited access to an advanced digital platform that streamlines credit flow and enhances loan processing. By leveraging data analytics and technology, we can improve risk assessment and offer better financial solutions while supporting electric vehicle adoption and growth in the green mobility sector.

Manba Finance Limited alliances with Fin Coopers Capital in vehicle financing offers significant advantages for both companies and their customers. The alliance gives Manba Finance Limited the opportunity to leverage Fin Coopers Capital's expertise in investment and capital management to offer more competitive and flexible financing options for customers seeking vehicle loans. It allows for better access to funding, enabling faster approval processes and more attractive interest rates.

While the alliance with Fin Coopers Capital and ProsParity will help Manba Finance Limited to expand their presence across Madhya Pradesh, the relationship with BGauss Auto will help Manba Finance Limited increase its presence in their dealer network and make EV financing accessible to potential buyers of EVs.

Shares of Manba Finance Limited was last trading in BSE at Rs. 132.20 as compared to the previous close of Rs. 134.15. The total number of shares traded during the day was 14360 in over 363 trades.

The stock hit an intraday high of Rs. 137.40 and intraday low of 131.50. The net turnover during the day was Rs. 1918020.00.

Source : Equity Bulls

Keywords

ManbaFinance INE939X01013 NBFC StrategicAlliances BGaussAuto FinCoopersCapital ProsParity