RevFin Services Private
Latest round
- Series B
Last raised
- Dec 2023
Total raised
- $18M
Investors
- 8
About RevFin Services Private
The company's founder is Sameer Aggarwal, who serves as the CEO. Their core product offering focuses on electric vehicle loans aimed at a diverse customer base that includes individuals and fleet owners, particularly startups within the gig economy. This initiative promotes the adoption of sustainable transportation and supports the Government of India’s Net Zero Mission by facilitating the transition from conventional fuel-powered vehicles. Revfin's clientele predominantly consists of residents from Tier 2, 3, and 4 towns, with a notable commitment to gender inclusivity, as evidenced by the 25% female customer representation.Revfin's revenue model is primarily driven by the issuance of electric vehicle loans to its diverse customer base. Transactions typically involve direct lending agreements where customers finance their electric vehicle purchases through tailored loan products. These loans are structured to meet the specific needs of customers, with a focus on affordability and accessibility. By establishing partnerships with electric vehicle manufacturers and local dealerships, Revfin enhances its reach and facilitates smoother transactions for consumers.RevFin Services Private Limited is set to expand its offerings with new electric vehicle loan products designed for broader customer segments, aiming for a roll-out by mid-2024. The company plans to target additional regions within India, specifically focusing on Tier 1 cities to increase market penetration by the end of 2024.
Who invested in RevFin Services Private
8 investors across 2 rounds
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Questions about RevFin Services Private
Who invested in RevFin Services Private?
RevFin Services Private has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RevFin Services Private raised?
RevFin Services Private has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did RevFin Services Private last raise money?
RevFin Services Private's most recent round on record is a Series B, in Dec 2023.
What does RevFin Services Private do?
The company's founder is Sameer Aggarwal, who serves as the CEO.
Where is RevFin Services Private headquartered?
RevFin Services Private is headquartered in New Delhi, India.
Which VCs invest in companies like RevFin Services Private?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at RevFin Services Private's stage. Their profiles are linked below.
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