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REVFIN FUND RAISING
EV financing startups charged up over electric commercial vehiclesIndustry estimates suggest India will need $30 billion in EV financing over the next five years. While banks and non-banking financial comp...- EV-focused lender Revfin raises $14 million from Omidyar Network, othersAlmost all of the funding came in the form of primary capital, said founder and chief executive Sameer Aggarwal, but did not disclose the v...
- Revfin looking to raise Rs 500 crore in 12 months: CEORevfin, the digital financing platform specializing in electric vehicles (EVs), is gearing up to secure funding of up to Rs 500 crore over ...
- DFC aims to promote inclusive financing for EV adoption in India with $5 mn investment in RevfinRevfin plans to utilise the funds for new products and expansion to new geographies.
- What is really happening with digital credit in India, and other top stories this weekThe aftermath of Covid-19 and the subsequent moratorium on loan repayments burnt a massive hole in the loan books of lenders. While the lar...
- Exclusive: Apple seeks ‘concrete reason’ to take down banned betting apps; Silicon Valley’s Tribe Capital eyes $250 million India fundApple has told the Indian officials that it needs "concrete reason or a legal requirement" to fully comply with its directive to disable be...
- A bunch of startups buck trend to offer double-digit hikesCashKaro, Clevertap, Physics Wallah, CLXNS Technologies and DaveAI are among those offering their staff satisfactory pay increases that are...
- RevFin targets financing 20 lakh electric vehicles in next 5 yearsRevFin has also expanded its portfolio from primarily financing electric rickshaws earlier, adding electric two-wheelers, high speed electr...
- PE funds in electric vehicles may cross $1 billion in 2022Investors pumped in $904 million through 26 deals in the nine months to the end of September, including in battery manufacturing and batter...
- Revfin raises $10 million to expand its EV financing presence to 25 statesRevfin has set an ambition of financing 2 million electric vehicles in the next 5 years. The company has already financed over 10,000 elect...
- Global funds in driver’s seat, EV financing companies charge full steam aheadRev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the...
- Global funds in driver's seat, EV financing firms charge full steam aheadIndia's EV financing market will likely be worth $50 billion (₹4.1 lakh crore) by 2030, when 30% of private cars, 70% of commercial vehicle...
- RevFin eyeing up Rs 40,000 crore in loans over the next five yearsRevFin is projecting loan disbursals of Rs 450 crore in the next fiscal year starting April 1, compared with Rs 120-200 crore this FY. It e...
- RevFin raises $4 million in pre-series A funding roundThe funds will be utilised for extending loans to drive growth from the current monthly disbursement run-rate of Rs 3 crore to Rs 15 crore ...
- RevFin raises $4 million in pre-series A funding roundThe funding round was led by Redcliffe Life Solutions founder Dheeraj Jain. Other investors in the round included Let’s Venture Angel Fund;...
- EV demand for commercial use likely to increase by 15 times in 6 monthsEarlier this month, Amitabh Kant, Niti Aayog CEO, told ET that all urban delivery vehicles must go green in the next two years. According t...
- ETtech Morning Dispatch on 26 Jan. 2021: Top tech news to start your dayFrom startups' budget expectations to India's pushback against WhatsApp and Chinese fintech apps, here's a look at the top tech news to sta...
- ETtech Bytes on 25 Jan. 2021: Top 5 Tech News Today, in 10 MinutesFrom TCS overtaking Accenture as the world’s largest IT firm by market cap to India’s plan to permanently ban TikTok and 58 other Chinese a...
- Looking to build a lending book of Rs 500 cr in next 5 years: RevFin's Sameer AggarwalRevFin is a financial technology startup. The main objective of RevFin is 'financial inclusion', with focus on financing 'clean technologie...
- RevFin secures seed funding from a group of angel investorsRevFin provides loans through its own NBFC to the underserved segments of the society. It is the brainchild of ex-HSBC banker and IIT Khara...
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