NEW DELHI: Moongipa Capital Finance Ltd. (MCFL), a BSE Mainboard-listed and RBI-registered Non-Banking Financial Company (NBFC-ICC), today announced a major strategic expansion of its business with the launch of Electric Vehicle (EV) Financing and the strengthening of its digital lending infrastructure, reinforcing its vision of becoming a modern, technology-driven financial institution for India’s next phase of economic growth.
Established in 1987, Moongipa Capital has evolved over nearly four decades from a traditional finance company into a regulated lending institution focused on combining strong governance with technology-led innovation. Today, the company is positioning itself to serve the rapidly changing credit needs of individuals, professionals, entrepreneurs, and small businesses through a diversified portfolio of lending solutions.
A New Era for a Trusted Financial Institution
India’s financial services landscape is undergoing a structural transformation, driven by digital adoption, evolving customer expectations, and the country’s growing demand for formal credit. Recognising this shift, Moongipa Capital has embarked on a comprehensive transformation programme centred around digital lending, operational efficiency, and responsible growth.
The company has invested in building a technology-enabled lending ecosystem designed to deliver faster credit decisions, seamless customer onboarding, paperless processes, and improved customer experience while maintaining the highest standards of compliance and risk management.
This transformation reflects Moongipa Capital’s long-term strategy of combining the trust and stability of a regulated financial institution with the speed and convenience of digital technology.
Expanding into Electric Vehicle Financing
As part of its diversified growth strategy, Moongipa Capital has entered the Electric Vehicle (EV) financing segment, supporting India’s transition towards cleaner and more sustainable mobility.
The company plans to provide financing solutions across personal and commercial EV categories, enabling consumers and businesses to adopt electric mobility through accessible and affordable credit solutions.
The expansion aligns with the Government of India’s focus on sustainable transportation and the country’s rapidly growing EV ecosystem, positioning Moongipa Capital to participate in one of the fastest-growing sectors in financial services.
Building a Diversified Lending Portfolio
Over the years, Moongipa Capital has steadily expanded its lending capabilities to serve multiple customer segments. Its growing portfolio includes:
- Personal Loans
- Salary-Linked Loans
- Consumer Finance
- MSME Lending
- Structured Credit Solutions
- Electric Vehicle (EV) Financing
- Technology-enabled Digital Lending
The company’s diversified approach enables it to address evolving credit requirements while maintaining prudent underwriting standards and disciplined portfolio management.
Digital-First Lending Strategy
To support its digital transformation, Moongipa Capital has strengthened its technology infrastructure through MoneyAse, which serves as the company’s digital lending technology platform.
The platform enables digital customer acquisition, paperless onboarding, workflow automation, loan origination, servicing, and customer engagement, creating a seamless digital borrowing experience. Lending decisions, underwriting, credit approval, pricing, and regulatory compliance continue to remain under the sole responsibility of Moongipa Capital Finance Ltd., ensuring full alignment with RBI’s Digital Lending Guidelines.
Leadership Vision
Commenting on the company’s strategic roadmap, Piyush Jain, CEO of Moongipa Capital Finance Ltd., said:
“India’s financial sector is entering a new era where technology, governance, and customer experience must work together. At Moongipa Capital, we are building an institution that combines the strength of a regulated NBFC with the agility of digital innovation. Our expansion into Electric Vehicle financing and our continued investment in digital infrastructure reflect our commitment to delivering accessible, transparent, and responsible financial solutions for the future.”
Creating Long-Term Value
With nearly four decades of experience, Moongipa Capital continues to focus on sustainable growth through disciplined risk management, strong corporate governance, and customer-centric innovation.
The company’s long-term strategy is centred on expanding its lending portfolio, strengthening digital capabilities, enhancing operational efficiency, and building strategic partnerships that improve financial access across India.
As the lending ecosystem evolves, Moongipa Capital aims to play a significant role in shaping the next generation of technology-enabled financial services while remaining committed to regulatory excellence and responsible lending.
About Moongipa Capital Finance Ltd.
Moongipa Capital Finance Ltd. is a BSE Mainboard-listed, RBI-registered NBFC-ICC, incorporated in 1987. With nearly four decades of experience, the company provides diversified lending and investment solutions across consumer finance, salary-linked loans, MSME finance, structured credit, and Electric Vehicle (EV) financing. Guided by the principles of trust, transparency, and innovation, Moongipa Capital is building a modern financial in
