Lending platform Revfin raises funds from Shell's non-profit arm
Lending platform Revfin raises funds from Shell’s non-profit arm January 27, 2021 × Lending platform Revfin, in partnership with SmartE, which runs electric three-wheeler taxi fleets, has received an undisclosed amount of funding from Shell Foundation. “The funds will be utilised for extending new loans for electric three-wheelers operating on SmartE’s platform,” Shell Foundation said in a release. The funding will enable Revfin to demonstrate a viable asset financing model for loans for 800 drivers in Lucknow, Prayagraj and Varanasi — without any other guarantee — from manufact...