Finayo funding, investors and company details

Finayo is an emerging Banking and Finance - FinTech startup from Gurugram, working in the space of EV Financing, Climate Fintech, B2B SaaS. Founded by Yogesh Prakash, Brajendra Singh Tomar.

Company: Finayo Private Limited
Sector: Banking and Finance - FinTech
Location: Gurugram
Founders: Yogesh Prakash, Brajendra Singh Tomar
Total funding raised: ₹16 Cr

Company overview

Finayo is a EV-focused lending startup that offers a B2B SaaS “Lending-as-a-Service” (LaaS) platform, digitizing the entire electric vehicle loan process—from vehicle financing to charging infrastructure and retailer loans—so that lending partners can provide real-time credit to EV customers. Founded to simplify and accelerate EV adoption, Finayo leverages AI-powered technology to streamline customer onboarding, screening, and loan disbursement in a secure environment. Finayo’s mission is to accelerate the adoption of electric vehicles in India by making EV financing seamless, accessible, and real-time through its AI-powered Lending-as-a-Service platform, while its vision is to empower one million micro-entrepreneurs by 2030 and drive sustainable mobility across Tier 2 and Tier 3 cities, positioning itself as a climate fintech innovator that bridges the gap between lenders, OEMs, and EV customers.

Funding rounds

Latest round: ₹16.00 Cr. ($ 1.92 Mn), 2023-12-18
Past round (Seed): Undisclosed Amount, 2023-06-29. Investors: iAngels Network