Revfin, a leading force in improving financial inclusion in India, and Shoffr, a premium EV taxi service based out of Bangalore, have announced a joint milestone after Shoffr’s successful completion of its first year in operation. Since its launch in November 2022, Shoffr has established itself as the gold standard of rides with its high […]
Tag: vehicle finance
Manappuram Finance signs pact with JCB India
Manappuram Finance India Ltd (MAFIL) has entered into a Memorandum of Understanding (MoU) with construction equipment manufacturer JCB India Ltd to finance the latter’s range of equipment and engineering products. The agreement was signed by Kamal Parmar, Head, of Vehicle and Equipment Finance, Manappuram Finance, and JCB India representative the other day. As per the […]
Ashok Leyland partners with Cholamandalam for dealer financing solutions
Ashok Leyland has announced a strategic partnership with Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, to facilitate inventory financing for the Ashok Leyland dealers. In a bid to enhance operational capabilities, the new alliance aims to provide 130 Ashok Leyland dealerships nationwide with an array of comprehensive inventory funding options to […]
Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities
Ashok Leyland has signed a Memorandum of Understanding (MoU), with IDBI Bank Ltd. to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland and IDBI Bank Ltd. to offer customized financial solutions to them. Commenting on the partnership, Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength […]
Ashok Leyland announces financing tie up in Kenya
Channel partner Deluxe Trucks and Buses inks agreement with Kenya Commercial Bank Ashok Leyland’s authorized distributors in Kenya, Deluxe Trucks and Buses, have signed a partnership with Kenya Commercial Bank to jointly promote the Ashok Leyland Brand of Vehicles. Kenya Commercial Bank (KCB) is the largest financial institution in the region offering an array of […]