Released on 11/26/2018, DMI Finance



    The Attention of the general public at large is hereby drawn to the fact that some unscrupulous persons have cheated some peoples by impersonating to be an employee of our Company. These persons are also unauthorisedly using the name, trademark, domain name and logo of DMI Finance Pvt Ltd with a view to tarnish the image and reputation of DMI Finance Private Limited. These persons furnish/mail fake Loan sanction/approval letters / Loan Agreement etc., to people and thereafter they ask such people to deposit some money towards processing fee, Advance EMI or some other pretext, in their bank account(s). Please note that our Company does not have anything to do with the aforesaid fraudulent persons and that neither our Company nor any of its group companies shall be in any manner shall be responsible for any loss suffered by anyone dealing with such persons. Please note that our Company does not ask anyone to deposit money in the personal account of any person and neither does our Company ask for deposit of Advance EMI for disbursal of a Loan. Anyone dealing with such persons shall be doing so at their own risk.


    For the benefit of the general public, in-case you come across any such persons then kindly contact our nearest branch or call at 1800 1214 214 or mail at customercare@dmifinance.in or report the same to the concerned Police Authorities

  • With An Integrated ‘Tech-Only’ Approach, DMI Finance Is Revolutionising Lending In India

    Released on 10/23/2018, INC 42


    • DMI Finance is simplifying credit for MSMEs in India
    • DMI Finance has 38 live partners
    • DMI partners are developing solutions across student loans, consumption loans, healthcare loans, and more

    We all know the importance of credit for startups and MSMEs in India. Today, new-age non-banking finance companies (NBFCs) such as DMI Finance are filling the gap in credit availability for MSMEs and startups in India by becoming their go-to balance sheet partners.

    DMI Finance, which focuses on consumer and corporate lending is the NBFC arm of the financial services platform, The DMI Group which is closing in on ten years of operations.

    With a digital-only approach, DMI Finance’s consumer and SME lending operation gives fintech startups API access to sandboxes, thus helping them to develop bespoke financial products.

    By embracing a partnership model rather than a winner-take-all competitive model, DMI has successfully coalesced a diverse lending ecosystem into a coherent platform. Here technology companies specialising in AI and ML, digital marketing companies specialising in customer acquisition, alternative credit scoring entities that focus on understanding the New-to-Credit borrower and balance sheet lenders come together to create bespoke financial product offerings for the mobile-first, economically aspirational, 500mm strong Indian middle and lower middle classes.

  • Exclusive: DMI Finance floats stressed assets fund

    Released on 06/28/2017, DMI Finance


    Non-banking financial company DMI Finance Pvt. Ltd is entering the stressed assets space with a Rs 1,000-crore ($155 million) fund, joining a raft of global and domestic heavyweights looking to tap the burgeoning segment.

    “We expect the final close of the distressed asset vehicle around March 2018,” Shivashish Chatterjee, co-founder and joint managing director, DMI Finance, told VCCircle. The first close, at Rs 300 crore, will happen in three to four weeks, he added.

    The fund is expected to have a mix of domestic and international investors, with the bulk of them likely to be international institutions and ultra high-net-worth individuals and family offices

    The fund’s ticket size is expected to be Rs 40-50 crore. However, it could be significantly larger or smaller depending on the opportunity, Chatterjee said.

    The vehicle is expected to invest in real estate assets in the first couple of years, after which it will explore opportunities in other sectors. However, it is open to investing in bank-type non-performing assets (NPAs), or assets involving participation of asset reconstruction companies (ARCs). “The idea for us is to be as opportunistic as we can be…Today, we see the most executable opportunity in real estate,” Chatterjee explained.

    “We believe there is significant value embedded within distressed assets in India. With our direct access to leading global institutional investors, we believe we have the ability to unlock this value and deliver superior returns to our investors,” Yuvraj C Singh, co-founder and joint managing director of DMI Finance, said

    DMI Finance, founded in 2008 by former Citigroup executives Chatterjee and Singh, has been in the real estate financing space for almost nine years. In 2014, it ventured into retail housing finance through DMI Housing Finance Pvt. Ltd.

    DMI Finance, founded in 2008 by former Citigroup exe READ MORE

  • Delhi-based NBFC DMI Finance plans to raise Rs1,000 crore fund

    Released on 06/29/2017, Livemint


    DMI Finance is raising the fund to focus on special opportunity situations in the real estate sector as well as the distressed assets space

    Mumbai: Delhi-based DMI Finance Pvt. Ltd, a non-banking financial company (NBFC), is raising a fund of up to Rs1,000 crore to focus on special opportunity situations in the real estate sector as well as the distressed assets space, a senior executive said.

    DMI Finance, founded in 2008 by former Citigroup Inc. executives Shivashish Chatterjee and Yuvraj Singh, is an India-focused financial services company with businesses in corporate lending, housing finance, consumer finance and asset management.

    The company has raised $300 million across its businesses since 2008 and disbursed over Rs4,000 crore. Its investors include global institutions and ultra-large family offices. In 2013, the Burman family, promoters of consumer products maker Dabur India Ltd, bought a minority stake in the company.

    “We are looking to raise around Rs1,000 crore for the fund. We expect an initial close of around Rs300 crore in the next 3-4 weeks and the final close by March 2018,” said Shivashish Chatterjee, co-founder and joint managing director at DMI Finance.

    On the real estate side, the firm’s strategy is driven by pressure created on developers’ financial health due to a slowdown in residential real estate sales over the recent few years and the introduction of the Real Estate (Regulation and Development) Act, Chatterjee said.

    “In the last 3-4 years in the residential space, there has been a significant slowdown in final sales. End buyers have stepped away from markets. Land sales have come almost to a stand still. High end projects have come down fairly dramatically. The lack of final sales means the cash flow visibility that most real estate developers need in order to service the current levels of debt, is not there,” said Chatter READ MORE

  • Realty firm Vipul raises Rs 150 crore from DMI Finance

    Released on 13th Dec-2015, The Economic Times

    Realty firm Vipul Ltd has raised Rs 150 crore from DMI Finance Ltd to develop a luxury housing project in Gurgaon.

  • DMI Income Fund invests $7.8 mn in Ansal APIs NCD

    Released on 22nd Jul-2015, Business Standard

    Singapore-based DMI Income Fund today said it has invested USD 7.8 million (about Rs 50 crore) as debt in realty firm Ansal API and plans to invest up to USD 250 million in Indian credit market. 

    Foreign portfolio investor DMI Income Fund "invested USD 7.8 million in June in non-convertible Debentures issued by the Delhi-based Ansal API group", the statement said. 
    This is DMI Income Funds first investment in the Indian credit space. 

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  • DMI Finance ventures into retail housing finance business

    Released on 25th Sep-2014, VCCircle

    DMI Housing Finance Pvt Ltd, a subsidiary of Delhi-based non-banking finance company DMI Finance Pvt Ltd, has started its retail housing finance business, the company said in a release.

  • DMI Finance sponsors a national summit organized by ASSOCHAM in partnership with Finance Industry Development Council (FIDC) on “Non-Banking Finance Companies – Game Changers

    Released on 28th Feb-2014, DMI Finance

    The objective of the summit was to contemplate the issues and challenges being faced by NBFCs and suggest measures that can be taken to optimize their contribution. Shri. J. D. Seelam, Honble Minister of State for Finance (Revenue) was Chief Guest of this summit. Shri P. Vijaya Bhaskar, Executive Director, Reserve Bank of India and Dr. Nachiket Mor, Chair, Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, presented Inaugural Session and Technical Session respectively. Several eminent speakers from reputed NBFCs, Rating Agencies and banking industry were also present to share their views on this important topic. 

    Related Links:

  • DMI Finance raises Rs 100 crore via NCDs, The Hindu Business Line

    Released on 22nd Apr-2013, DMI

    DMI Finance, a non-banking finance company backed by the Burman family of Dabur India, has raised Rs 100 crore through issue of non-convertible debentures and is looking to raise further funds over the next year to finance its growth plans.

  • DMI Finance eyeing up to $185M in next round of equity funding

    Released on 14th Feb-2013, VCCircle

    The NBFC has a high exposure to real estate lending, but is planning to reduce exposure to the sector even as overall growth target will mean lending more to realty as well.

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