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Delhi-based RevFin has financed over 10,000 electric three-wheelers and two-wheelers so far, disbursing $16 million worth of individual loans.
Mumbai, Oct 20: Revfin, India’s largest EV financing platform for individual drivers has closed its Series A round of funding worth USD 10mn in a combination of equity and debt. The funding round was led by Green Frontier Capital (GFC), India’s first-ever VC fund focusing specifically on climate investments, which is managed by Sandiip Bhammer and Rudra Dalmia and LC Nueva Investment Partners, a partnership between Singapore’s Lighthouse Canton and New Delhi based Nueva Capital, alongside participation from existing investors. […]
Through its offices located in Singapore, Dubai and across India, the company has been providing intelligent investment solutions to its clientele
Due to its expected market size, India has excelled in the field of education and now edtech. By 2025, it is expected that the online education would be worth $5 billion.
According to Inc42’s report, the average funding ticket size in consumer internet ecosystem fell over the last four consecutive quarters.