Greaves Finance, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton, has introduced a financial platform called evfin. This platform aims to provide accessible and cost-effective financing options for electric vehicles.
evfin is India's first consumer finance technology platform fully dedicated to electric mobility and other sustainable solutions, supported by our advanced digital lending suite, innovative asset management technology, and nationwide reach. Our goal is to create an exceptional and tailor-made experience for our EV customers. Through our comprehensive range of personalised financing solutions, we aim to democratise access to EV consumers by offering the most cost-effective financing options. The evfin platform is specifically designed to provide an end-to-end lifecycle experience for EV owners, ensuring a unique and seamless ownership journey throughout their usage of electric vehicles, says Sandeep Divakaran, ED & CEO of Greaves Finance.
Greaves Finance, a wholly owned subsidiary of Greaves Cotton, offers exclusive financing solutions for electric vehicles.
Greaves Cotton is a leading diversified multi-product and multi-location engineering company. The company is a leading name in fuel agnostic powertrain solutions, e-mobility, aftermarket & retail. It reported 59.49% jump in consolidated net profit of Rs 26.65 crore on 33.23% rise in revenue from operations to Rs 8.26 crore in Q4 FY23 over Q4 FY22.
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