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Revfin, a leading digital lending platform in the electric vehicle (EV) financing space, has announced a significant expansion of its operations. The company aims to disburse loans worth ₹5,000 crore by the financial year 2027. To support this growth, Revfin has appointed three senior executives who will lead new business development, operations, and financial strategy.
According to Revfin’s Founder and CEO, Sameer Aggarwal, while the EV sector faced challenges in the past year, the company remains committed to a long-term vision. He emphasized that now is the time to focus on people, processes, and profitability. So far, Revfin has financed over 85,000 electric vehicles and has a presence in over 1,000 cities across 25 states in India.
The company’s strategy centers around L5 electric three-wheelers, which are increasingly seen as a viable alternative to ICE vehicles for urban mobility. Revfin has partnered with major brands such as Bajaj Auto, Delhivery, Rapido, Shadowfax, and Tata Motors, enabling rapid expansion of its L5 portfolio. The company aims to finance 35,000 new electric vehicles in FY2026 alone.
Revfin has also entered the EV leasing space and has partnered with over 100 OEMs and fleet operators. Founded in 2018, the company’s core mission is to provide accessible financing to underserved communities using advanced technologies such as biometrics, psychometrics, and IoT-based data analysis.
