Manba Finance Expands Strategic Partnerships to Drive EV Adoption and Rural Financing
Manba Finance Limited, a leading non-banking financial company (NBFC), has announced strategic partnerships with AMU Leasing Pvt. Ltd. and BRMP Leasing & Finance Private Limited (SHFIN). These collaborations are set to strengthen the NBFC's presence across electric mobility financing and rural lending segments across India.The partnership with AMU Leasing, an NBFC based in Gurugram and focused on electric mobility financing, will enable Manba Finance to support the financing of electric threewheelers and other commercial EVs. This collaboration will focus specifically on the states of Uttar Pradesh and Madhya Pradesh. The initiative aims to accelerate clean mobility adoption by improving credit access for first-time borrowers, driver-owners, and MSMEs who rely on these vehicles.
In parallel, Manba Finance has partnered with SHFIN to expand two-wheeler financing solutions into the Vidarbha region of Maharashtra. This partnership targets underserved rural and semiurban markets, focusing on delivering transparent and technology-driven financial services in the region.
Executives from the involved companies highlighted the significance of these alliances for achieving greater market penetration and supporting financial inclusion.
Manish Shah, Managing Director of Manba Finance Limited, stated that these collaborations reflect a commitment to building an inclusive lending ecosystem. He noted that while the partnership with AMU Leasing assists India's transition toward sustainable mobility, the association with SHFIN allows the company to deepen its reach within rural Bharat and empower communities.
Nehal Gupta, Managing Director of AMU Leasing Pvt. Ltd., said the collaboration is a step towards making sustainable mobility accessible. She emphasized that by joining forces with Manba Finance, we are strengthening the ability to create impact at scale, driving financial inclusion while supporting clean transportation transition in India.
Gurinder Singh Sehmbey, CEO of SHFIN, added that the partnership marks a significant growth step for the company. He stated that this collaboration will allow them to empower communities through reliable and responsible financial services by deepening their reach in underserved markets.
Manba Finance Limited maintains a strong presence in vehicle financing across India, offering accessible and technology-driven lending solutions with a focus on financial inclusion.
MANBA Stock Price Movement
Shares of Manba Finance Limited are edging higher to ₹121.2 as of 9:45 AM today, gaining 2.30% in live trading. The stock has seen a traded volume of 34,762 shares so far this morning.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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