Quick Overview
- Revfin targets ₹750 crore disbursement for FY2026, eyeing a 5X growth surge
- Company appoints three CXOs to steer its ambitious expansion and financial strategy
- Focus sharpens on L5 electric vehicles, aiming to finance 24,000 EVs next year
Revfin, one of India’s fastest-growing digital lending platforms for EVs, just dropped big news. The company has announced a bold ₹750 crore disbursement target for FY2026, marking a staggering fivefold growth over the past two years. But it’s not just about the numbers — Revfin is putting the pedal to the metal by onboarding three heavyweight CXOs to power this ambitious charge.
Fresh Faces, Fresh Focus
Revfin has welcomed Abhinandan Narayan as Chief Business Officer – New Business, Monish Vohra as Chief Operating Officer – Operations & Collections, and Anirudh Gupta as Chief Finance & Strategy Officer. Each comes armed with solid credentials and experience in scaling operations, finance, and customer experiences. Together, they’ll lead Revfin’s sharp new agenda: People, Processes, and Profitability.
Why L5 EVs Matter
A big chunk of this growth story rides on L5 vehicles — the rugged electric three-wheelers reshaping urban transport. Unlike two-wheelers or L3 EVs, L5s are direct ICE replacements, making them crucial in India’s decarbonisation race. Revfin already financed over 85,000 EVs across 25 states, with a staggering 1,700% growth in its L5 vehicle loan book in FY2025, thanks in part to partnerships with Bajaj Auto and other big fleet operators like Delhivery, Rapido, and Tata Motors.
Milestones and Momentum
The numbers tell the story. Revfin’s EV borrowers have clocked 1.6 billion electric miles and pocketed over USD 400 million in earnings. Nearly 75% of their borrowers come from marginalized communities, making this not just a green business but a socially impactful one too.
Final Thoughts
Revfin’s plans are as electric as the vehicles it finances. With a pumped-up leadership team, fat growth targets, and a laser focus on the L5 segment, the company isn’t just chasing numbers — it’s rewriting the playbook for EV financing in India. As the streets hum louder with electric motors, Revfin looks ready to supercharge the future, one mile and one motor at a time.