Wednesday, 17 May 2023

RevFin on-boards IIT Kharagpur Professor Dr. Prabina Rajib to its board as an Independent Director

 

The appointment has been made to strengthen the company’s position as an undisputed leader in the EV financing space across geographies 

New Delhi – May 17th, 2023: RevFin Services Private Limited, a pioneer and leader in the Indian EV Financing space has announced the appointment of Dr. Prabina Rajib on its Board of Directors. Dr. Rajib joins the board of the lending subsidiary of Revfin as an Independent Director.

Dr. Rajib brings with her more than 22 years of experience in the field of finance and accounting and is currently a professor at IIT Kharagpur’s Vinod Gupta School of Management (VGSoM). She also held several administrative positions including Dean (VGSoM) and Chairperson of POSH Committee of IIT Kharagpur 

With a diverse range of experience including teaching, research, authoring books, and publishing papers, Dr. Rajib will bring in wealth of knowledge and deep insights to Revfin's financial products and business strategy. Her experience in guiding 10 PhD theses and conducting several management/faculty development programs (MDPs/FDPs) will be instrumental in mentoring Revfin employees and young women professionals aspiring to reach greater heights in their careers.

Dr. Rajib has been associated with several international institutions, including being a Visiting Professor (Finance) at AIT Bangkok, a Teaching Assistant in Finance at Curtin Business School, Perth, and a Fulbright Fellow at Purdue University. Her research interests are in the broad areas of Indian commodity spot and derivatives market and Indian capital market. Her expertise in IPO pricing, buybacks and delisting of companies, ADRs/GDRs issued by Indian companies, and FDI entry strategy, foreign (technological & financial) collaborations by multinational companies, is expected to provide valuable insights to Revfin.

The Founder and CEO of Revfin, Sameer Aggarwal, expressed his excitement about Dr. Rajib joining the Board of Directors, stating, "Dr. Prabina’s long-standing expertise and deep understanding of the finance industry will be a great asset for us at Revfin as we continue to build new products and expand to newer geographies. She with her rich experience, knowledge, and exposure will prove to be an invaluable asset to the company as it consolidates its position as undisputed leader in EV financing, creating an inclusive and sustainable environment.

With the addition of Dr. Rajib to the Board of Directors, Revfin is well-positioned to continue its growth trajectory and provide innovative financial solutions to its customers.

“I am extremely delighted and excited at this opportunity as this will allow me to not just put my financial acumen and experience to drive innovation and growth at Revfin, but I will also be able to contribute to creating sustainable and inclusive environment and impact some important SDGs of UN through Revfin’s contribution to the world”, said  Dr.Prabina Rajib.

About Revfin

Striving to work towards improving financial inclusion in India, RevFin (RevFin Services Private Limited) is an advanced digital consumer lending platform that makes getting a loan convenient and accessible to all individuals. The fintech platform has its own NBFC to issue the loan amount using non-traditional data and the three key techniques - Biometrics, Psychometrics and Gamification.

Revfin recently entered the 4W EV segment by financing 2BYD electric vehicles in collaboration with Zappit for airport pick-up services. It has also broadened its financing options by partnering with Best Way, MLR Auto SKS Trading (Aarzoo), Energy Electric Vehicles (Udaan), and Sun Mobility, a battery swapping company that caters to Piaggio EV. Revfin Mobility, which includes 4-Wheeler, 2-Wheeler, and 3-Wheeler Cargo through Fleet Aggregator partnerships, has also entered the electric vehicle leasing business, creating a micro secondary market for EVs.

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