F MEC International Financial services, an RBI-registered NBFC has partnered Finayo, an AI-powered SaaS technology EV lending platform to strategically disburse Rs 25 crore within the next 12-18 months.
The disbursement is aimed at climate financing space and drive EV penetration in the country.
With allocated funds Finayo will accelerate sustainable mobility and financing in the two-, three-wheeler, and e-rickshaw segments.
Apoorve Bansal, MD, F MEC International Financial Services said, “Witnessing the potential of Finayo as a trailblazer in the EV financing and asset management ecosystem,