RevFin is a lending platform that primarily finances electric vehicles.
RevFin is a digital lending fintech company that provides loans for customers.The company's platform offers a revolving credit limit that can be used and repaid whenever it's convenient, as well as a rewards program where users can earn points (called Revs) for making on-time payments, referring friends, or even just logging into the application. This allows users to access loans through their digital platform at any time and from any location.RevFin was established in 2018 by Sameer Aggarwal in Delhi, India. The company has funded over 12,000 EVs and has NPAs of less than 2%.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 14, 2022 | Debt Financing | — | 1 | BlackSoil | — | Detail |
Oct 20, 2022 | Series A | ₹800M | 2 | Green Frontier Capital | — | Detail |
Oct 20, 2022 | Debt Financing | — | — | — | — | Detail |
Mar 13, 2022 | Debt Financing | ₹1B | 3 | LiquiLoans Northern Arc Shell Foundation | — | Detail |
Oct 19, 2021 | Seed | ₹300M | 8 | Redcliffe Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
BlackSoil | Yes | Debt Financing |
Green Frontier Capital | Yes | Series A |
LiquiLoans | Yes | Debt Financing |
Northern Arc | Yes | Debt Financing |
Shell Foundation | Yes | Debt Financing |
Redcliffe Capital | Yes | Seed |
Harash Jain | Yes | Seed |
LC Nueva Investment Partners | — | Series A |
Amit Goel | — | Seed |
Anuraag Jaipuria | — | Seed |