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.
09 Jun, 2023, 02.11 PM IST
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...
03 Jun, 2023, 07.37 AM IST
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...
30 May, 2023, 03.27 PM IST
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...
30 May, 2023, 06.00 AM IST
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...
26 Mar, 2023, 10.27 AM IST
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...
30 Oct, 2022, 02.50 PM IST
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...
20 Oct, 2022, 03.32 PM IST
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...
09 Oct, 2022, 09.50 AM IST
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...
09 Oct, 2022, 06.06 AM IST
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...
18 Mar, 2022, 09.00 AM IST
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 ...
20 Oct, 2021, 01.40 PM IST
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;...
19 Oct, 2021, 08.00 PM IST
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...
27 Sep, 2021, 08.39 AM IST
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...
27 Jan, 2021, 05.02 AM IST
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...
25 Jan, 2021, 09.08 PM IST
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...
16 Jan, 2019, 12.52 PM IST
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...
11 Oct, 2018, 02.56 PM IST