Kolkata-headquartered Perpetuity Capital - a digital electric vehicle (EV) finance platform - has secured INR 5 crore in debt from Clime Finance, a Delhi-based climate-focused financier. The firm will use the funds to finance two- and three-wheeler EVs in the new geographies it has expanded into over the last six months.
Founded in 2017 by Karamveer Dhillon, Perpetuity Capital helps delivery drivers and autorickshaw drivers avail themselves of finance to purchase EVs for commercial use.
Want to receive such news items in your inbox? Click Here to sign up for a trial.