AMU Strengthens Its Presence In India’s EV Financing Ecosystem
As India’s electric mobility sector expands across both urban and emerging markets, financing is becoming one of the most critical enablers of adoption.
Accelerated Money for U (AMU), an RBI-registered NBFC focused on green mobility and EV financing, reported approximately ₹40 crore in revenue during FY25-26, registering a 35% year-on-year growth.
The company is now targeting nearly ₹60 crore in revenue in FY26-27 and is pursuing a fundraise of up to $20 million to expand its EV, battery, and clean-tech financing portfolio.
Strong Growth Across Key Business Metrics
AMU’s growth reflects rising demand for specialised financing solutions designed specifically for the clean mobility sector.
Key Performance Highlights
- ₹40 crore revenue in FY25-26
- 35% YoY revenue growth
- Targeting nearly ₹60 crore revenue in FY26-27
- Fundraise of up to $20 million planned
- 25% average growth in disbursements over the last two years
- Nearly 45% growth in Assets Under Management (AUM)
The company’s performance highlights the increasing role of dedicated EV financiers in supporting industry growth.
Expanding Across India’s High-Growth EV Markets
AMU has continued to strengthen its reach through partnerships, dealer expansion, and regional growth initiatives.
Expansion Highlights
- 25,000+ borrowers served
- 50+ strategic partnerships
- 125+ dealer additions
- Presence across Uttar Pradesh, Odisha, Delhi-NCR, Madhya Pradesh, and Bihar
- Expansion into Uttarakhand and Chhattisgarh
The growing footprint allows the company to address financing needs across both established and emerging EV markets.
Why EV Financing Is Becoming Increasingly Important
While vehicle manufacturing and charging infrastructure often dominate industry discussions, financing remains a critical component of EV adoption.
Key areas supported by specialised EV financiers include:
- Electric vehicle purchases
- Fleet expansion
- Battery financing
- Clean-tech asset deployment
- Last-mile mobility solutions
Looking Ahead
As EV adoption continues to accelerate across India, demand for flexible and specialised financing solutions is expected to rise significantly.
AMU’s growth reflects a broader industry trend: the next phase of India’s clean mobility transition will not be driven solely by vehicles and technology, but also by the financial institutions enabling access to them.