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Revfin Raises $13M From Northern Arc, Others

Mar 14, 2022over 3 years ago

Amount Raised

$13 Million

DelhiLending And InvestmentsFinancial ServicesOtherSoftware

Description

Digital e-mobility consumer lending platform RevFin Monday said it has raised $13 million (Rs 100 crore) in debt financing led by Northern Arc, LiquiLoans, and UK charity Shell Foundation among others.

Company Information

Company

Rev Fin

Location

Delhi, Delhi, India

About

The funds will be utilised for extending loans to drive growth from the current monthly disbursement run-rate of Rs 3 crore to Rs 15 crore per month, the company said in a statement. EV financing digital platform RevFin on Wednesday said it has raised $4 million (nearly Rs 30 crore) in pre-series A funding round with both equity and debt.

Funding Insights

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