EV Finserv - SmartEnergy

EV Finserv, a rural EV financing and leasing company based in NCR, has introduced its new brand, "SELECTIONS." SELECTIONS is a multi-brand outlet specializing in E-rickshaws, EV 2-wheelers, and batteries. The inaugural outlet has opened in Etawah, Uttar Pradesh, with plans to expand to over 40 outlets by the end of 2024. The retail experience center will provide expedited finance and leasing services through EV Finserv. It will also offer financing and leasing options for lead-acid and lithium-ion batteries, along with vehicle lifecycle management services and the opportunity to resell EVs. Nitin Sabharwal, Founder and CEO of EV Finserv, described the launch of SELECTIONS as a step toward assisting customers in their ownership journey and addressing a significant challenge for lende...

Q. Share with our readers the inspiration behind starting EV Finservand its vision of improving customer’s lives through financial inclusion? Deepak Srivastava- Co-founder, EV Finserv After working in the banking and financial services industry for over 25 years, I strongly desired to start a social enterprise that would create micro-entrepreneurs and positively impact society. With my co-founder, Deepak Srivastava, we focused on green asset finance as we saw a great opportunity in this sector. In April 2023, we launched EV Finserv, a platform that has both a digital and physical presence, using the BC model and partnering with NBFCs. Our platform lists products, OEMs, dealers, locations, and client segments so NBFCs and banks can start operations per their preferred structure wi...

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EV Finserv Unveils ‘SELECTIONS’: A Multi-Brand Outlet for E-Rickshaws, EV 2-Wheelers, and Batteries

We aim to manage an AUM of INR 200Cr in 2024-25 – Nitin Sabharwal, Founder & CEO, EV Finserv