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Home News India EV News

Revfin Appoints Leadership, Targets ₹5,000 Crore EV Financing by 2027

Aditi Singh by Aditi Singh
April 22, 2025
in India EV News, News
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Digital lending platform Revfin on Monday named three senior executives as part of its strategy to scale electric vehicle (EV) financing and achieve ₹5,000 crore in disbursements by 2027.

The company promoted Abhinandan Narayan to chief business officer–new business, Monish Vohra to chief operating officer–operations & collections, and Anirudh Gupta to chief finance & strategy officer, underscoring Revfin’s focus on strengthening growth, operational efficiency and financial planning.

Revfin forecasts that its total EV financing disbursements will surpass ₹2,000 crore by the end of fiscal 2026, driven by rising urban demand for affordable, sustainable mobility.

The platform plans to fund 35,000 electric vehicles by fiscal 2026, building on its track record of financing more than 85,000 EVs across over 1,000 cities and 25 states to date.

Roughly 75 percent of Revfin’s borrowers hail from underbanked communities. The company said its driver partners have collectively earned over USD 400 million and logged more than 1.6 billion electric miles.

Revfin pointed to a strategic collaboration with Bajaj Auto, which helped boost its L5 vehicle loan book in fiscal 2025, along with partnerships with Delhivery, Rapido, Shadowfax, IndoFast and Tata Motors, as it seeks to deepen its presence in mid‑ and last‑mile mobility this year.

Tags: 000 crore targetDigital EV lendingEV financing goalEV loans 2027Growth strategyRevfin leadership₹5
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