Revfin, a leading digital lending platform driving sustainable mobility in India, has announced the onboarding of three senior leaders as part of its ambitious growth strategy. With a target of ₹5,000 crore in disbursements by 2027, the company is gearing up for a 5X expansion over the next two years, aiming to solidify its position as a frontrunner in India’s electric vehicle (EV) financing space.
The new leadership additions mark a pivotal step as Revfin enters its next phase of aggressive scaling. With cumulative disbursements expected to surpass ₹2,000 crore by 2026, the company is intensifying its focus on the fast-emerging L5 vehicle segment—considered a critical enabler in replacing internal combustion engine (ICE) vehicles for intracity transport.
Strategic appointments to drive growth and governance:
To steer its ambitious expansion plans, Revfin has appointed three seasoned professionals to its leadership team:
- Abhinandan Narayan joins as Chief Business Officer – New Business. With prior experience at PrepLadder (Unacademy), he will lead the charge in scaling EV financing across both existing and emerging segments.
- Monish Vohra steps in as Chief Operating Officer – Operations & Collections. Formerly Head of Customer Experience and Operations at SBI Cards, he brings deep expertise in driving operational excellence at scale.
- Anirudh Gupta takes on the role of Chief Finance & Strategy Officer. Previously with Grant Thornton Bharat, he will lead Revfin’s financial strategy, capital planning, and investor relations.
Together, these appointments are central to Revfin’s renewed focus on its FY 2026 “People-Process-Profitability” agenda, laying the foundation for sustainable and scalable growth.
Commenting on the new appointments, Sameer Aggarwal, Founder & CEO of Revfin, emphasized the company’s conviction in a full transition to electric for intracity and small commercial vehicles within the next three years. Despite a turbulent year for the EV sector, he highlighted the immense opportunity ahead and Revfin’s commitment to hypergrowth. He underscored the importance of strong leadership at this pivotal moment, aligning with the company’s 2025 focus on People, Processes, and Profitability.
Strategic Milestones and the Road Ahead
Revfin is targeting the financing of 35,000 EVs in FY2026, backed by strong systems, talent, and a responsible scaling approach. To date, the company has financed over 85,000 EVs across 1,000+ towns in 25 states, with 75% of borrowers from marginalized communities. Its driver partners have collectively logged 1.6 billion+ electric miles, earning over USD 400 million.
A major highlight of FY2025 was a 1,700% growth in the L5 vehicle loan book, fueled by a strategic partnership with Bajaj Auto and expanded collaborations with Delhivery, Rapido, Shadowfax, IndoFast, and Tata Motors. FY2026 will focus on deepening dominance in the L5 segment, which is central to Revfin’s mission.
Why L5 Vehicles?
L5 EVs represent a transformative shift in urban mobility by replacing internal combustion engine (ICE) vehicles more directly than L3 or 2W EVs. As consumer adoption surges—driven by key players like Bajaj—Revfin sees L5s as crucial to India’s decarbonization and sustainable transport goals.
