RevFin, a Delhi-based digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has recently raised $4 million in pre-Series A funding round in both equity and debt.
The startup plans to utilise the funding to extend loan disbursement to 5x by March 2022.
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.
