AMU Accelerated Money for U, an RBI-registered non-banking financial company (NBFC) focused on green mobility financing, has reported an average 60% revenue growth over the last two financial years (FY24–25 and FY25–26), reflecting the rapid expansion of India’s electric vehicle financing ecosystem.
The company also recorded an average 25% rise in disbursements during the same period, driven by increasing demand for electric vehicle financing across commercial and passenger mobility segments. According to the company, its Assets Under Management (AUM) grew by nearly 45%, supported by financing demand for electric two-wheelers, three-wheelers, and four-wheelers.
AMU has financed more than 25,000 borrowers to date and significantly expanded its business network through over 50 strategic partnerships and the addition of more than 125 dealers across India.
The company attributed its growth to stronger policy support for electric mobility, increased institutional participation in green financing, and rising EV adoption in Tier 2 and Tier 3 markets. States including Uttar Pradesh, Odisha, Delhi NCR, Madhya Pradesh, and Bihar emerged as major growth centres, contributing to a 125% increase in the company’s retail customer base.
Speaking about the company’s growth journey, Nehal Gupta said the company has completed five years in the EV and green financing sector with an average CAGR of nearly 35%.
He stated that AMU has worked to improve financing access for thousands of borrowers while helping EV manufacturers expand into emerging markets. He added that the company’s expansion into underserved districts aligns with the growing demand for electric vehicle financing across Eastern and Central India.
As part of its medium-term roadmap, the company plans to finance more than 50,000 electric vehicles while diversifying into battery financing, Battery Energy Storage Systems (BESS), and other clean-tech assets. AMU is also strengthening co-lending partnerships with banks and NBFCs to scale specialised underwriting and collections solutions for green mobility assets.
Operating across 16 states with a workforce of more than 110 professionals, the company aims to finance one million EVs and batteries by 2030. Industry experts believe the company’s ecosystem-led financing approach positions it strongly within India’s rapidly evolving clean mobility and sustainable finance sector.
