South Asian Business House S1 EP11

Plugging For E-Mobility Finance

Published on Dec 04, 2023

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Bhanu Singh

RevFin provides loans to lower-income individuals, particularly those finding it challenging to secure financial assistance for EV ventures due to lack of social security. These loans aim to create employment, foster entrepreneurship, and alleviate poverty. Their initiative contributes to India's 'Net Zero' target by facilitating the transition to sustainable transport.

They have positively impacted the lives of 11.38 million people, with approximately 24% of their loan applicants being women.

In 2018, Sameer Aggarwal returned to India after a successful period in the UK to offer structured financial support to the EV market

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