Revfin and Bajaj Auto partner to promote high speed e-three-wheeler adoption

Revfin’s financial expertise and Bajaj Auto’s market strength will accelerate the launch of Bajaj’s high-speed electric three-wheelers.

Delhi- RevFin Services Private Limited., a digital lending platform championing sustainable mobility, has announced a strategic partnership with Bajaj Auto Limited, a three-wheeler manufacturer, to enhance the electric three-wheeler (e3W) market and build a sustainable ecosystem for greener first and last mile mobility.

The partnership between Revfin and Bajaj Auto promises to drive innovation and expand the electric three-wheeler (e3W) market. By combining Revfin’s psychometric assessments and financial expertise with Bajaj Auto’s market presence and diverse product lineup, the collaboration aims to enhance customer satisfaction and boost e3W adoption, especially in Tier 2 and Tier 3 cities.

Mr. Sameer Aggarwal, CEO of Revfin, said, “We are happy to partner with Bajaj Auto, a foremost leader in India's three-wheeler market, to accelerate the adoption of sustainable mobility solutions across the country. By combining our shared commitment to electric vehicles and financial inclusion, we are poised to establish a formidable ecosystem that encourages both consumers and fleet operators to embrace eco-friendly three-wheeler options.”

“Bajaj Auto's technological expertise and market dominance, paired with RevFin's proven financial inclusion capabilities, will enable us to drive widespread awareness, provide accessible financing, and ultimately facilitate the widespread uptake of these greener and more efficient transportation alternatives. This strategic alliance is a significant step towards realizing our vision of a cleaner and sustainable future.”

The partnership between Revfin and Bajaj Auto highlights their shared commitment to advancing electric mobility. By promoting e3Ws, they aim to reduce emissions, lower operating costs, and improve air quality. Their collaboration also includes efforts to develop charging infrastructure, crucial for widespread electric vehicle adoption.

Mr. Samardeep Subandh, President of Bajaj Auto said, “This strategic tie-up with Revfin marks a crucial stride in Bajaj Auto's mission to accelerate the nationwide shift towards electric mobility in India. By integrating our renowned product quality and technological expertise with Revfin's innovative financial solutions, we anticipate penetrating untapped markets and enabling a broader spectrum of individuals and fleet operators to embrace sustainable transportation options. This collaboration is geared towards enhancing accessibility and appeal of our eco-friendly three-wheeler offerings to a diverse customer base, driving adoption, and contributing to a cleaner, greener future for first and last mile mobility.”

Revfin’s financial services are key to accelerating e3W adoption by providing affordable financing for small entrepreneurs, fleet operators, and individual customers. This support boosts adoption rates and promotes financial inclusion, benefiting both Bajaj Auto and Revfin.