Digital lender RevFin to raise Rs.250-Cr to fund more EVs

Delhi-based digital lending platform RevFin is to raise INR 250 crore this year through debt and equity to finance electric vehicle (EVs) buyers in the three-wheeler and two-wheeler categories.The company, which is mainly into financing three-wheeler EVs till now, plans to enter small four-wheeler EVs financing. It has tied up with companies such as Hero Electric for two-wheelers. Started in 2018, the company has raised around USD 20 million (INR 145 crore) till now.