My Mudra Fincorp Limited, initially incorporated as a private entity in 2013, transitioned to a public company in October 2023. As a Channel Partner (DSA) for major banks and NBFCs in India, it leverages a blend of tele-calling, advertising, direct marketing, and a "physital" approach to customer acquisition. The company specializes in distributing a variety of financial products, including secured and unsecured loans like home loans, business loans, and credit cards. Recently, My Mudra Fincorp has expanded its offerings to include insurance products, generating revenue through commissions from insurer partners.
The company facilitates informed financial decisions by allowing customers to research and compare lending and insurance products. It ensures competitive interest rates and terms, serving a broad clientele, including individuals and professionals. With a branch established in Indore in 2017, My Mudra Fincorp is poised for growth with plans for an Initial Public Issue of 30,24,000 equity shares through a fresh issue.
