Debt financing
EV financier Perpetuity Capital raises Rs.7-Cr from N+1 Capital, RevX Capital
Kolkata-headquartered Perpetuity Capital , a digital electric vehicle (EV) finance platform has raised INR 7 crore through Non-Convertible Debentures (NCDs), from N+1 Capital and RevX Capital.Founded in 2017 by Karamveer Dhillon, Perpetuity Capital helps delivery drivers and autorickshaw drivers avail themselves of finance to purchase EVs for commercial use.The new funds will be used to expand its loan book, focusing particularly on the Eastern states.
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