TAG: "EV Financing"

News

Mufin Green Finance Raises INR 50 Crore via NCD from InCred Capital

Mufin Green Finance has raised INR 50 crore through its second listed NCD issuance on BSE’s EBP platform, with InCred Capital as the investor, aimed at expanding its loan portfolio across consumer and clean energy segments.

EV Financing | November 05, 2025 | By Mrinmoy Dey | 376

Mufin Green Finance Raises INR 50 Crore to Strengthen EV and Clean Energy Financing

Mufin Green Finance has raised INR 50 Crore through its first listed Non-Convertible Debenture (NCD) issue on the BSE EBP Platform. The issue, subscribed by InCred Capital Wealth Portfolio Managers, carries a 15-month tenure with an 11 percent coupon rate.

EV Financing | September 18, 2025 | By News Bureau | 719

Mufin Green Finance Raises USD 18 Million in Debt Funding to Expand EV Financing

Mufin Green Finance has secured USD 18 million in debt funding from a US-based institution to expand its EV mobility financing and leasing solutions for the MSME sector.

EV Financing | May 27, 2025 | By Mrinmoy Dey | 1207

Credifin Launches EV Startup Loan for Entrepreneurs

Jalandhar-headquartered NBFC Credifin has announced the launch of an electric vehicle (EV) startup loan under which it will provide loans of up to INR 50 lakh to individuals or companies aspiring to establish EV dealerships or related businesses.

EV Financing | May 13, 2025 | By News Bureau | 1014

ADB and Shriram Finance to Accelerate MSME and EV Financing in India

ADB’s loan also supports the government’s initiatives to reduce air pollution through the adoption of EVs and low-emission (Bharat Stage-VI compliant) vehicles.

EV Financing | March 26, 2025 | By Aishwarya | 1668

Vidyut Raises USD 2.5 Million to Expand BaaS Financing Business

The funding will fuel expansion of Vidyut's Battery-as-a-Service offerings in both passenger and commercial EV segments.

EV Financing | February 26, 2025 | By Aishwarya | 939

SBI and Statiq Unveil its EV Charging Station Financing Program

Under the program, SBI will extend term loans ranging from INR 10 lakh to INR 5 crore, with favorable terms including a 2 percent interest subvention on loans up to INR 2 crore.

EV Financing | February 12, 2025 | By Aishwarya | 1962

GT Force, I-Loan Collaborate to Offer Flexible Financing Solutions for Electric Two-Wheelers

The partnership aims to simplify the purchasing process for individuals looking to own GT Force’s diverse lineup of high and low-speed models, including the GT Vegas, GT Ryd Plus, GT One Plus Pro, and GT Drive Pro, as well as the flagship GT Texa electric motorcycle.

EV Financing | October 03, 2024 | By Mrinmoy Dey | 1484

ProsParity Raises USD 2 Million Pre-Seed Funding to Boost EV Financing in India

To democratise financing for EVs in the mass market, the company aims to achieve an Asset Under Management (AUM) of INR 100 crore within the next two years by serving the market at large and new-to-credit customers.

EV Financing | May 24, 2024 | By News Bureau | 2330

Revfin's 'Stree Shakti' Program Extends Opportunities in Electric Vehicles' Financing

The Stree Shakti event highlighted RevFin's dedication to fostering inclusivity and gender equality, ensuring that women have access to the resources and support they need to thrive in today's world.

EV Financing | March 06, 2024 | By News Bureau | 1640

Articles

How Affordable Credit can Accelerate EV Adoption Beyond Metros

India's electric vehicle revolution is gaining substantial momentum with registrations nearly crossing 2 million units in 2025. This transformative growth continues to herald a multitude of exciting opportunities as the government doubles down on...

EV Financing | August 13, 2025 | By News Bureau