Astranova Mobility arm gets NBFC licence, targets Rs 5,000 cr AUM in 5 years

Astranova Mobility’s lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Institution (NBFC). The firm targets ₹5000 crore in assets under management (AUM) over the next five years, focusing on India’s transition to…

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