Mangalam Industrial Finance has entered into MoU with WardWizard Innovations and Mobility (Wardwizard) - one of the leading manufacturers of electric two-wheeler brand ‘Joy E-bike’ to support the buyers with quick finance to make EV purchase easier. Under this arrangement, Mangalam will provide auto loans for the high and low speed electric two-wheelers of Wardwizard.
The company based on the experience and market feedback has launched their vehicle finance scheme for their proposed buyers where over 50 dealers and distributors of Joy E-bike in tier 1 & tier 2 cities has shown their keen interest to avail the benefit of electric vehicle finance for their customers and they will stand as a guarantor. The company decided to extend this finance facility in order to support the distributors and ultimate buyers of Joy E bike.
Mangalam Industrial Finance engages in the non-banking financial activities in India. The company is based in Kolkata, India.
| Company Name | CMP |
|---|---|
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| Shriram Finance | 1045.05 |
| Aditya Birla Capital | 341.30 |
| Chola Invest & Fin. | 1568.80 |
| Tata Capital | 335.25 |
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