DMI Finance

DMI Finance is a non-banking financial company that provides consumer loans, home loans, business finance, and asset management. It is led by technology, powered by creative thinking, and driven by innovative partnerships. Global institutional investors, strategic family offices, banks, and public market creditors in India support DMI.

5 past transactions

LEO1

Series B in 2022
LEO1 is a financial service platform that provides educational lending services.

Happy

Debt Financing in 2019
Happy is India’s fastest growing digital lending platform offering small & short-term business loans to micro businesses in India using alternate data. It believes that "one-size-doesn't fit all" and has innovated in the product design to suit the requirements of the micro-enterprise - Some of the most creative products are - Weekend loans & 90-day loans. The model is dependent on state-of-the-art technology build with Artificial intelligence and machine learning. The risk is based on alternate data and over 50% of the borrowers have absolutely no record with the credit bureau. The entire focus of the business is on the user-experience enabling smart solutions like automated repayment, loan on-tap and so on. The company has partnered with multiple merchant aggregators (POS vendors, BC network, E-commerce platforms & more) to enable their merchants with instant loans.

Rays Power Infra

Venture Round in 2018
Rays Power Infra is one of the Largest Solar Developer and EPC Management company. We have commissioned solar park and projects rounding to 620 MW. Rays Power Infra established in 2011, has been one of the pioneers in the Solar park regime & now an established player in Turnkey Solar EPC services, catering to the increasing demand in the country. With its presence in almost all major corners of the country, has significantly contributed National Solar Mission. Apart from being an EPC solution provider, the company is known for its differentiated and unique ‘Co-Developer’ approach offering cost-effective investment returns to its private equity investors. As a reason it has gained the confidence of its customers and investors, in short stint. Also, it owns projects in the IPP model for both ground mounted & rooftop segment. The company has gained expertise in the Transmission, Power distribution and rooftop segment as well. Being a competitive solar EPC management organization in India, it extends support extensively in Consulting – Engineering – Contracting – Commissioning services. Member at various forums, it contributes to the solar movement in the country. Various recognitions have come its way to portray its success stories of which a few have been showcased including “Most Promising Brand in Power and Energy Sector” by WCRC (1) in London in 2015. In 2015, the company was ranked as the 3rd Largest Solar EPC Player in the country following which it again was recognized as one of the top 10 players across the globe apart from US & China in 2017 (SOURCE- IHS MARKIT 2017). Rays Power Infra is expanding its presence across Asia, Africa and Australian regions.

OptaCredit

Debt Financing in 2018
OptaCredit is an Artificial Intelligence powered, Data-Driven Online Lender, for all employees working in organisations partnered with us. Driven by our ability to use data to underwrite, we provide short term unsecured loans to employees. Every eligible applicant has the right to get access to timely credit, and, our belief is based on truly understanding the applicant, by assimilating data from various sources – public and private, rather than profiling you within meaningless categories. We believe, that an applicant is more than just ratios and numbers. Our unique 'Credit as a service' platform allows firms a two pronged advantage. One, we provide firms partnered with us the ability to unleash their true potential by making optimum use of their working capital, and two it is an employee welfare scheme available to firms at zero cost.

Rentickle

Debt Financing in 2017
We know the effort it takes to find the perfect rented house to stay in a new city. And also know that turning it into a home isn't one bit easy. That is why we created Rentickle - a one stop shop for easily renting furniture, appliances and other home furnishing essentials. With a range of high-quality stylish products to choose from at very affordable prices, you will never want to buy second-hand goods again!
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