Private Equity

Angel Investments

EV focused lending startup Finayo raises Rs.16-Cr

Startup Story Media  

Gurugram-based Finayo, a startup specializing in EV lending and asset management, has raised INR 16 crore in funding from various investors, including HNIs, angel investors, and NBFCs F Mec and Choice Finserv. The financing aims to propel technological advancements and expand the platform's presence across India. Finayo operates as a facilitator empowering businesses to revolutionize their EV lending strategies through its advanced Lending-as-a-Service (LaaS) platform. This B2B SaaS solution oversees the entire EV loan process, from vehicle loans to infrastructure financing, enabling lending partners to provide real-time loans to EV customers.