ENGEL Group Forms Strategic Partnership with Electronica Plastic Machines to Strengthen India Presence

Pune, India – December 5, 2024: The ENGEL Group, Europe’s leading supplier of injection moulding technology, has entered into a strategic partnership with Electronica Plastic Machines (EPM), a renowned Indian manufacturer of hydraulic injection moulding machines. By acquiring a stake in EPM, the company becomes part of the ENGEL Group, creating opportunities for closer cooperation in the Indian market. EPM, a second-generation family business based in Pune, has been recognized for …

Mahindra Finance enters into a co-origination partnership with UGRO Capital Limited

Chandigarh, September 25, 2024: Mahindra Finance, one of India’s leading NBFCs and part of the Mahindra Group, today announced a co-origination partnership with UGRO Capital Limited, a DataTech NBFC and India’s largest Co-lender in the MSME segment. The partnership will offer business and affordable loans secured against properties (LAP) to the Micro, Small & Medium Enterprise (MSME) sector, thereby improving their business prospects. Mahindra Finance and UGRO Capital aim to combine their respective strengths under a co-origination structure where UGRO will …