Revfin advances its sustainable mobility strategy by taking over 15,000 vehicles, worth Rs. 100 crore, SUN is working on mobility platform. This significant step highlights Revfin’s dedication to accelerate electric vehicle adoption across India and transform fleet operations. This portfolio is set to play a key role in enhancing Revfin’s operations and impact in the country. The announcement was made jointly by Mr. Sameer Aggarwal, Founder and CEO of Revfin and Mr. Anant Badjatya, CEO of Sun Mobility, highlighting the collaborative efforts between the two companies to advance the electric mobility agenda.
The deal not only broadens Revfin’s operational footprint, but also reinforces Revfin’s commitment to expanding its mobility business, with a strategic focus on driving EV adoption among fleet operators.
Revfin has already established a significant presence in India with existing fleet partners like Shadowfax, Log9, Avera and Schafer currently operating under its portfolio, Revfin aims to double its business soon. Plans have been made, which will strengthen its position in the all India market. So far, the company has financed 65,000 vehicles in the last six months, with a loan value of ₹900 crore.
Commenting on this strategic move, Sameer Aggarwal, Founder and CEO, Revfin said, “This is an important step towards strengthening our presence in the EV fleet sector. The SUN Mobility portfolio aligns perfectly with Revfin’s strategy, allowing us to double our two-wheeler portfolio and significantly expand our last-mile mobility footprint. This acquisition strengthens our market dominance. We are excited to expand our operational reach and contribute to the rapid adoption of sustainable mobility solutions in India. He added, “RevFin is thrilled to be a driving force in this transformation, and we are committed to making EVs accessible to everyone.”
Adding to the significance of this partnership, Anant Badjatya, CEO, SUN Mobility, said, “At SUN Mobility, we are committed to enabling sustainable mobility through innovative energy solutions. Our partnership with Revfin represents a shared vision to accelerate the transition to electric vehicles in India. By integrating our portfolio with Revfin’s financial capabilities, we are confident that this collaboration will drive substantial growth in EV adoption in India.
