Revfin logo — Smartest, Fastest Commercial EV loans for First , Mid and La...

Revfin

Smartest, Fastest Commercial EV loans for First , Mid and Last Mile Mobility

Founded 2018 India New Delhi, India 234 employees Venture round Total: $3.26B Finance, Financial Services +2

General Information

Company Name Revfin
Founded Year 2018
Location India New Delhi, India
Employees 234
Industries Finance, Financial Services, Fintech +1
Funding Stage Venture round
Social

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About Revfin

RevFin, with the slogan "Smartest, Fastest Electric Vehicle Loans," is an award-winning digital lender that aims to make loans convenient and accessible to financially excluded individuals. The company has developed an advanced lending platform that incorporates traditional underwriting methods alongside innovative techniques such as Biometrics, Psychometrics, and Gamification. By capturing data directly from users as part of the loan application journey, RevFin reduces dependence on third-party sources. The use of complex algorithms enables fast and reliable lending decisions. Incorporated in March 2018, RevFin began its lending operations in October 2018 through its own NBFC subsidiary, focusing on financing Electric Vehicles for commercial use in transportation. This includes three-wheelers for cargo deliveries and last-mile home drops, as well as two-wheelers for e-commerce deliveries. The company collaborates with OEMs, Fleet Operators/Aggregators, and e-commerce companies to provide loans to drivers working on various platforms and through dealerships. Notably, RevFin received funding from Shell Foundation for a joint program promoting sustainable employment through electric vehicles in Tier 2/3 towns. The company has also been recognized with a special jury mention at the Best Fintech Start-up Award by Business World Magazine and received an Emerging Leadership Award at the NBFC Tech Summit. Furthermore, it has obtained ISO 27001, Cert-in, and Great Place To Work certifications. The latest investment in RevFin came in the form of a Venture Round investment on 05 February 2024 by AXIAN Investment. With its innovative approach to lending and focus on promoting sustainable employment, RevFin shows promise in the finance and fintech industries, particularly within the electric vehicle financing sector. This positions the company well for future growth and expansion, given the increasing demand for sustainable transportation solutions.

Taxonomy: digital lender, innovative lending platform, electric vehicle financing, NBFC subsidiary, partnerships with OEMs, fleet operators, and e-commerce companies, sustainable employment, ISO 27001 certified, emerging fintech startup, fast and reliable loan decisions, award-winning, Shell Foundation funded, great place to work, data-driven underwriting, financial inclusion, technological innovation

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
AXIAN Investment
05 Feb 2024
Series B INR1.15B 9
Omidyar Network, LetsVenture +7
26 Dec 2023
Debt Financing $5.00M 1
U.S. DFC
09 Jun 2023
Debt Financing Undisclosed 1
BlackSoil
14 Dec 2022
Debt Financing Undisclosed -
20 Oct 2022
Series A INR800.00M 2
Green Frontier Capital, LC Nueva Investment Partners
20 Oct 2022
Debt Financing INR1.00B 3
Northern Arc, Shell Foundation +1
13 Mar 2022
Seed Round INR300.00M 8
LetsVenture, Redcliffe Capital +6
19 Oct 2021
Seed Round Undisclosed 4
Krishan B Singh, Harash Jain +2
10 Oct 2018

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FAQ About Revfin

Smartest, Fastest Commercial EV loans for First , Mid and Last Mile Mobility
Revfin was founded in 2018.
Revfin is headquartered in New Delhi, India.
Revfin operates in Finance, Financial Services, Fintech and Lending and Investments. Its work centres on digital lender, innovative lending platform, electric vehicle financing and NBFC subsidiary.
Revfin has approximately 234 employees.
Revfin has completed 9 funding rounds, raising a total of $3.26B. The latest funding stage is Venture round.
Top alternatives and competitors to Revfin include Easy Home Finance Limited, MatchMove, Kinara Capital, JULO, 4G Capital. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Revfin and Easy Home Finance Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Revfin, https://bouncewatch.com/company/revfin, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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