VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), the nation’s largest bank, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions ahead of the company’s highly anticipated launch. […]
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Chargeup, a driver platform enabling EV financing and asset management solutions for last-mile drivers, has established strategic partnerships with Mega Corporation Limited and Shivakari Finance. Through these alliances, the companies aim to disburse a combined credit line of INR 50 crore and support the deployment of 4,000 commercial EVs over the next 12 months, accelerating […]
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Revfin, India’s leading digital lending platform for sustainable mobility, has announced the appointment of three senior leaders as part of its bold expansion strategy. With sights set on ₹5,000 crores in disbursements by 2027, the company is gearing up for 5X growth over the next two years, positioning itself as a dominant force in India’s […]
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TapFin, an integrated tech-enabled sustainability platform and a key player in sustainable financing, has launched GoGreen Capital, a Non-Banking Financial Company (NBFC). GoGreen Capital, a wholly-owned subsidiary of TapFin (co-founded by Aditya Singh, Pramod Marar, Terniza Berry), aims to redefine financing for Indian businesses’ transition to renewable and sustainable energy, strengthening its commitment to sustainability. With access to financing being one […]
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Warivo Motor Pvt Ltd, a leading Indian manufacturer of electric two-wheelers in India, has partnered with Shriram Finance in a strategic effort to make electric vehicles (EVs) accessible to all. Warivo expects this initiative to boosts its reach in the under-served segments of the market in the coming months. Speaking on the association, Mr. Yuvraj Garg, […]
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Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its 100% ev-focused lending platform evfin, announced its partnership with River Mobility Private Ltd., a Bengaluru-based startup building stylish, multi-utility electric scooters. This collaboration aims at providing River customers across the nation with access to evfin’s competitive financing options, […]
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Meet aims to propel EV adoption, develop risk mitigation strategies and empower aspiring and existing entrepreneurs in the e-rickshaw sector EMFAI, the ELECTRIC MOBILITY FINANCIERS ASSOCIATION OF INDIA, has taken a substantial stride in bolstering the growth of e-Rickshaws in India. Spearheading a landmark gathering in Delhi, EMFAI brought together members from E rickshaw OEM associations EVMS (Electric Vehicles […]
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In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, India’s leading automotive manufacturer, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, to […]
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Montra Electric, the EV Brand from 123 years legacy Murugappa Group joined hands with Bike Bazaar to enter into a strategic vehicle financing arrangement for its customers. This collaboration will empower Montra Electric to assist customers more effectively, streamlining the process of acquiring a Montra Electric Super Auto by offering loans with lower interest rates […]
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Fleet financing could be disbursed in 24 hours of completion of documentation, enabling fleet-owners’ rapid go-to-market. SUN Mobility and Revfin have joined forces to accelerate electric vehicle (EV) adoption in India by offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance 2Ws for fleet business and […]
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