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Mufin Green Finance secures USD 1 million funding from Shell Foundation, ET Auto

Shell Foundation: The funding will be used to create a USD 2 million joint de-risking pool, known as First Loan Default Guarantee (FLDG), aimed at unlocking commercial capital for financing EVs for low-income transporters in India, with the help of larger financial institutions such as IREDA and SBI.
New Delhi United Kingdom Kapil Garg Shell Foundation Mufin Green Finance First Loan Default Guarantee

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