Data Biz Times
No Result
View All Result
Sunday, June 1, 2025
  • Login
  • Home
  • Tech
  • Start up
  • Economy
  • Markets
  • Real Estate
  • Opinion
  • Others
  • Privacy Policy
  • Advertise
Subscribe
Data Biz times
  • Home
  • Tech
  • Start up
  • Economy
  • Markets
  • Real Estate
  • Opinion
  • Others
  • Privacy Policy
  • Advertise
No Result
View All Result
DataBizTimes
No Result
View All Result
Home Automotive

Cashe forays into 2-wheeler EV financing with launch of ‘CASHe Green’

by databiztimes.com
17 April 2024
0
Cashe forays into 2-wheeler EV financing with launch of ‘CASHe Green’
Share on FacebookShare on Twitter

DBT Bureau

Bengaluru, 17 April

Fintech lending startup Cashe has forayed into the burgeoning EV (electric vehicle) market through the launch of ‘CASHe Green,’ under which the company will provide customized financing options to buyers of EV 2-wheelers.

In a press release, the company said it will provide financing options up to Rs 2 lakh in credit. The finance solution also includes an exchange option, that enables customers to swap their existing Internal Combustion Engine (ICE) two-wheelers for a new electric 2-wheeler.

Under the financing scheme, it offers affordable interest rates of less than 1% per month with EMIs spread over 20 months, making EVs a financially attractive option, the company said.

As part of the initiative, Cashe has partnered with three two-wheeler OEMs and loans will be available through its fully digital finance platform.

“CASHe Green is a technology platform fully focused on financing 2W electric mobility. With its user-friendly digital lending suite, pocket-friendly finance solutions, and countrywide reach, we aim to create an innovative, tailor-made financial experience for e2W customers,” Cashe’s CEO, Yashoraj Tyagi said in a statement.

“Through CASHe Green, we are happy to promote a sustainable and net-zero emissions future by providing financial support to individuals making eco-conscious choices,” Tyagi added. According to the company, it aims to democratise EV consumers’ access by offering cost-effective financing options.

EV sales have been rising in India as users adopt green options to reduce emissions. Two-wheeler sales constitute a significant part of total sales in the EV space.

In 2023, electric two-wheelers accounted for 62% of total electric vehicle sales in the country with 866,853 units getting sold during this period. This was 33% increase over the previous year. Favourable government incentives, innovative startups, and conscious consumers are driving the rising sales of EVs in India.

Popular Stories

  • Top IT CEOs salary rise in FY24 despite slowdown blues

    Data Story: Operating margins of top Indian IT firms in FY25

    0 shares
    Share 0 Tweet 0
  • Data Story: Paradip Port Traffic Report for 31 May

    0 shares
    Share 0 Tweet 0
  • Prof PR Mukund on his new book ‘Numbers & Symbols in Vedic Thought’ with Data Biz Times

    0 shares
    Share 0 Tweet 0
  • Data Story: Is Sonata Software a growth story?

    0 shares
    Share 0 Tweet 0
  • TCS CEO earns over Rs 26 crore as employee salaries see healthy hike

    0 shares
    Share 0 Tweet 0

Recent News

Data story: Mumbai port Import/Export data comparison April 2025

Data story: Mumbai port Import/Export data comparison April 2025

Meta announces quarterly cash dividend

Meta announces quarterly cash dividend

Databricks opens new Costa Rica office, creating hundreds of jobs

Databricks opens new Costa Rica office, creating hundreds of jobs

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    

Categories

  • Artificial Intelligence
  • Authored Article
  • Automotive
  • Blog
  • Book Reviews
  • Business
  • Careers
  • Cryptocurrency
  • Data Story
  • Economy
  • Entertainment
  • Gadget
  • Markets
  • Media Release
  • Movie Review
  • Oil and Gas Industry
  • Opinion
  • Others
  • Politics
  • Real Estate
  • Sports
  • Start Up
  • Startup
  • Tech
  • Technology
  • Travel
  • Watches
  • world
  • world

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links

Data biz times © 2024. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Tech
  • Start Up
  • Economy
  • Markets
  • Real Estate
  • Opinion
  • Others
  • Privacy Policy
  • Advertise

Data biz times © 2024. All rights reserved.