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Ideal Finance rebrands itself to Mahindra Ideal Finance
- New identity aims to capitalize on Mahindra Finance’s wide range of expertise
- Rebranding exercise is an important step on the journey to make Mahindra Ideal Finance a leading provider of financial services in Sri Lanka
Sri Lanka/Mumbai, February 24, 2022: Ideal Finance Limited, a subsidiary of Mahindra & Mahindra Financial Services Limited (Mahindra Finance/ MMFSL), today announced the rebranding of its company name to Mahindra Ideal Finance Limited (MIFL).
Mahindra Finance and Ideal Finance form NBFI Joint Venture in Sri Lanka
- Mahindra Finance will invest LKR 2 billion until March 2021 for up to 58.2% stake in Ideal Finance.
- The joint venture will capitalize on Mahindra Finance’s 25-year expertise in the financial services domain and Ideal Finance's domestic market knowledge to build a market leading financial services business in Sri Lanka.
- The strategic investment in Ideal Finance is a significant step in Mahindra Finance’s global expansion strategy.
Colombo / Mumbai, August 20, 2019: Mahindra & Mahin
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