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EV-focussed fintech startup RevFin raises $10 Mn from GFC, LC Nueva others

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Image Credit: inc42

Delhi NCR-based EV financing startup RevFin has raised $10 Mn in a mix of equity and debt financing Series A round from Green Frontier Capital (GFC) and LC Nueva Investment Partners, among others. The startup has not disclosed equity and debt percentage details. With the funds raised, the startup plans to focus on geographical expansion, setting foot in 25 states within the country and financing at least 10% of the EV purchases in the next five years.