SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Muthoot Capital Services bags Rs 100 crore impact funding for Electric Vehicle portfolio

06 Aug 2024 Evaluate

Muthoot Capital Services has entered into partnership with UK based Development Financial Institution for raising long term debt funds to promote its electric vehicle portfolio. Facilitated by Axis Bank, the collaboration entails a deal size of Rs 100 crore, highlighting the significance and commitment of Muthoot Capital in providing sustainable mobility solutions and its efforts in driving widespread adoption of electric vehicles in India especially among the lower middle-income segment.

This is one of the largest partnership deal bagged by Muthoot Capital for its sustainability and environmental led initiatives. While the company is currently involved in electric vehicles through co-lending route, it plans to grow its own EV book by around Rs 200 crore during FY25. 

Muthoot Capital Services is one of India's Most Progressive Automobile Finance Companies.


Muthoot Capital Serv Share Price

211.00 13.00 (6.57%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×