Revfin funding, investors and company details

Revfin is an emerging Financial Services - Fintech - Lending startup from New Delhi, working in the space of Digital Lending, EV Financing (commercial electric vehicle loans via its NBFC subsidiary). Founded by Sameer Aggarwal.

Company: Revfin Services Private Limited
Sector: Financial Services - Fintech - Lending
Location: New Delhi
Founders: Sameer Aggarwal
Total funding raised: ₹257.52 Cr

Company overview

Revfin is a digital lending company focused on enabling financial access for underserved commercial drivers. Incorporated in March 2018, the company began its lending operations in October 2018 through its own NBFC subsidiary. Revfin primarily provides loans for electric vehicles used in passenger and cargo transportation, supporting the shift toward sustainable mobility. By leveraging technology and alternative data, it assesses creditworthiness beyond traditional methods, helping first-time and informal borrowers access financing. The company plays a key role in accelerating EV adoption while promoting inclusive financial growth in India.

Funding rounds

Latest round: $ 14.00 Mn (₹116.47 Cr.), 2023-12-27. Investors: Omidyar Network India, Asian Development Bank, Companion Capital, Green Frontiers Capital, LC Nueva
Past round: $ 5.00 Mn (₹41.05 Cr.), 2023-06-09. Investors: The United States International Development Finance Corporation (DFC)
Past round (Debt): ₹100.00 Cr. ($ 13.18 Mn), 2022-03-14. Investors: Shell Foundation, Liquiloans