Revfin[1][2] is an EV financing platform and it offers commercial electric vehicle loans through its non-bank financial institution Aristo Securities Private Limited founded in 2018 in India and headquartered in New Delhi.
The company operates in 24 states in India and focuses on lending EV loans primarily to people with little or no credit history.
The company's participation in the PM Solar2EV Initiative is expected to expedite its target of financing 2 million electric vehicles nationwide by 2029.
Revfin Partnerd with Hero Electric this partnership aimed to finance and lease 2.5 lakh vehicles over the next three years.
Later that year, Revfin acquired Aristo Securities Private Limited, an NBFC company, and expanded its financing services to include all electric vehicles.