SUBSCRIBE NEWS LETTER

financing

Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

Read more

iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions

Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers.  iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […]

Read more

Three Wheels United Forays into Two-Wheeler EV Financing

Bengaluru-headquartered fintech firm for EV financing, Three Wheels United (TWU) has forayed into two-wheeler EV financing. TWU plans to finance 2000 two-wheelers in Delhi NCR and Karnataka during the next six months. Established in 2017 by Cedrick Tandong, Kevin Wervenbos, and Apurv Mehra, TWU is focused  on simplifying finance for the adoption of EVs in […]

Read more

CESL Invites EOI for Empanelment of Financial Institutions for Financing EV

State-controlled Convergence Energy Services Ltd. (CESL) invites EoI (Expression of Interest) for the financing of electric vehicles across India. The last date for submitting the online bid is October 19, 2022, up to 02:30 pm. Bids will be opened on the same day at 03:00 pm. This Expression of Interest (EOI) document is for the […]

Read more

Aurora Solar Expands Partner Ecosystem to Step-Up Access to Solar Financing

US-based Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, has announced Dividend, Mosaic, and Sungage Financial as key integrations for the Aurora platform. Aurora said that the addition of these new partners will provide solar installers and their homeowner customers with […]

Read more

New Financing Association Forms Platform for FIIs that Finance EVs

A group of financiers that are actively financing electric vehicles have joined hands to launch an association, Electric Mobility Financiers Association of India (EMFAI). EMFAI will prove to be a common platform for all the financial institutions involved in financing electric vehicles and other products as well as services relevant to the ecosystem. The association […]

Read more

Lack of Financing Options The Biggest Drag On faster EV Adoption In India

 Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […]

Read more

Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem

Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […]

Read more

BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos

California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll