NEW DELHI: Electrical transport firm Byby e-Rickshaw on Saturday mentioned it has partnered digital lender Revfin for a easy financing trip for e-rickshaws.
ByBy is likely one of the main homegrown firms within the sphere of producing e-rickshaws and has been making automobiles in addition to e-loaders for the previous 10 years.
ByBy co-founder Rajiv Tuli mentioned that the MoU will make the particular person standing within the final queue of the society self-reliant.
“Now we have seen that an e-rickshaw puller is ready to feed his household correctly and is ready to present good training to his youngsters,” Tuli mentioned.
With this settlement, signed between Revfin Founder Sameer Aggarwal and Tuli, the supply of e-rickshaws shall be simpler and a very good high quality e-rickshaw might be delivered to the needy individuals.
E-rickshaws and e-loaders made by ByBy are current in numerous states, together with Assam.
Revfin has been financing electrical automobiles since 2017.
Many of the firm’s clients are in cities, tehsils and small cities, who get e-rickshaws and electrical automobiles in simple installments with none formalities.
The corporate gives loans below its non-banking finance firm (NBFC).
