electric vehicles: Global funds in driver’s seat, EV financing companies charge full steam ahead
Synopsis
Rev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the likes of Northern Arc Capital, Shell Foundation, Delta Corp Holdings, Incofin Investment Management, Matrix Partners India, Prime Venture Partners, 9Unicorns and Better Capital – global and local funds that support green initiatives.
Funds focused on sustainability, such as Northern Arc Capital, Delta Corp Holdings and Incofin Investment Management, are buying into Indian fintech firms that specialize in electric vehicle (EV) financing to fast-track adoption of two- and three-wheelers using the electric powertrain.
Rev Fin, OTO, Mufin Finance, and Three Wheels United are among the fintech firms that have secured either equity or debt financing from the likes of Northern Arc
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