Credit Wise Capital partners with Muthoot Capital for two-wheeler loans 

Credit Wise Capital, a non-bank financial firm specializing in two-wheeler finance, and Muthoot Capital have announced a Rs 400 crore syndicated lending partnership to digitize finance on two wheels through Twin2 – a CWC-owned product.

Alish Aflani, founding partner of Credit Wise Capital, said the two-wheeler market has great untapped potential and the partnership with Muthoot Capital aims to capitalize on that. Together, we will expand our customer base and offer enhanced financing solutions, along with a robust credit assessment framework and streamlined loan processing services. ”

Gurpreet Singh Sodhi, Co-Founder of Credit Wise Capital said, “With the steady rise in demand on the two wheels, Credit Wise Capital has emerged as a reliable financial partner for individuals looking for affordable and convenient financing solutions. The syndicated lending partnership agreement with Muthoot Capital will give us access to a wider customer network in small towns in India.”

Matthews Marcuse, CEO of Muthoot Capital Services Ltd, said the partnership demonstrates Muthoot Capital’s commitment to supporting the growth and development of innovative financial services in India. Muthoot Capital, under a separate arrangement, uses the network of subsidiaries of its parent company, Muthoot FinCorp, to sell two-wheeler products across the country.