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Assetline Finance signs MoU with Ideal Motors to offer special benefits

Daily FT

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August 25, 2025

ASSETLINE Finance Ltd. (AFL), the flagship company under the financial services pillar of David Pieris Holdings Ltd., said it has signed a strategic Memorandum of Understanding (MoU) with Ideal Motors Ltd. to offer a range of benefits and special privileges to Mahindra vehicle buyers.

Assetline Finance signs MoU with Ideal Motors to offer special benefits

The MoU was exchanged at AFL's Head Office in Battaramulla, with key representatives from both organisations present to mark the occasion. From Ideal Motors, Director Nimisha Welgama and General Manger Kasun Fernando joined AFL’s leadership team including Director/CEO Ashan Nissanka, COO Mahesh De Silva, CMO Ajantha Premasiri, and Head of Four-wheeler Lending Namal Cooray.

The strategic alliance between AFL and Ideal Motors highlights a shared commitment to deliver greater value and convenience to customers. It also demonstrates AFL’s dedication to improving customer experience by offering attractive financing solutions, empowering individuals and businesses to achieve their mobility goals with confidence and ease, AFL said in a statement.

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