Chennai, Feb 27 (SocialNews.XYZ) Listed non-banking finance company (NBFCC) Paisalo Digital Ltd has raised Rs 200 crore from the Indian Renewable Energy Development Agency Limited (IREDA).
According to Paisalo Digital, the funds raised will be utilised to expand the company’s electric vehicle (EV) loan book portfolio.
"Resonating with IREDA’s motto of 'Energy for Ever', the funds secured shall be utilized to elevate our competency in promptly meeting the financing requirements for EV buyers," Paisalo Digital Deputy Managing Director, Santanu Agarwal, said on Tuesday.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
