Revfin Services Private Limited, a pioneer and leader in the Indian EV Financing space, has successfully secured a $5 million investment from the United States International Development Finance Corporation (DFC). This investment is part of DFC’s Portfolio for Impact and Innovation, with a focus on promoting inclusive financing for electric vehicle (EV) adoption in India. […]
RevFin eyes 400cr mop-up to drive loans for EV buys – EQ Mag
Electric vehicle financier RevFin is looking at raising ₹300-400 crore in this financial year for disbursing loans to buy two-wheelers, three-wheelers and four-wheelers deployed for commercial use. The company, which received its first tranche of $5 million (about ₹41 crore) from the United States Development Finance Corporation earlier this week, expects strong demand for loans, […]
Revfin raises USD 10 mn in a Series A funding – EQ Mag Pro
Revfin will use the funds to expand its geographical footprint to 25 states and capture over 10 per cent of the national market share of financed electric three-wheelers, the company said in a statement. NEW DELHI : Electric vehicle financing digital platform Revfin on Thursday said it has raised USD 10 million (over Rs 80 […]
Revfin raises $10 million, targets 10 percent of financed three-wheeler market – EQ Mag Pro
Revfin series A funding is undertaken in combination of equity and debt led by LC Nueva Investment Partners and Green Frontier Capital. EV financing platform, Revfin has closed $10 million worth Series A round of funding led by VC focusing on Climate Investments, Green Frontier Capital (GFC). The company plans to use the funds from […]
Hero Electric ties up with RevFin to provide loans to EV riders – EQ Mag Pro
The partnership aims to finance and lease 2.5 lakh vehicles over the next three years, the company said in a statement. Hero Electric on Tuesday said it has partnered with digital consumer lending platform RevFin to provide loans to EV riders across India. The partnership aims to finance and lease 2.5 lakh vehicles over the […]
EV financing start-up Revfin raises Rs 100 crore in debt – EQ Mag Pro
The EV financing digital platform is looking to enter states like Assam, Madhya Pradesh, Rajasthan and Punjab for electric three-wheeler financing. EV financing digital platform Revfin has raised Rs 100 crore in debt, which it plans to use to expand into new geographies for financing three-wheelers and make foray into providing loans for two-wheelers in […]
EV-Focused Financing Firm RevFin Looks to Raise Around $40 Million Via Securities This Fiscal – EQ Mag Pro
The financial technology platform with its own NBFC, which focuses on loans for electric small commercial vehicles, has set a target o. financing 3 lakh vehicles in the next three years. New Delhi: Start-up electric vehicles-focused financing firm RevFin Services plans to raise around $40 million (about Rs 290 crore) through debt and equity by […]
RevFin, Aeris Team Up to Bring Smarter, Safer IoT-Based Electric Vehicles: All Details
Revfin has already invested in the IoT-connected technology for electric vehicles in states like UP, Bihar, Uttrakhand, Haryana, Punjab, Tripura, and Jharkhand. RevFin has recently entered into a strategic partnership with Aeris Communications for an upcoming EV project. Under the said partnership, RevFin will be investing USD 15 million in upcoming electronic vehicles that will […]
RevFin gets funding from Shell Foundation
New Delhi: Fintech firm RevFin has received an undisclosed amount of funding from Shell Foundation that will be used to accelerate adoption of electric mobility solutions. “To accelerate adoption of electric mobility solutions among the low income consumers from tier II cities of eastern Uttar Pradesh, Revfin has recently received funding from Shell Foundation in […]