AMU Eyes ₹60 Crore Revenue, Plans $20 Million Fundraise to Power EV Financing Growth

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AMU Accelerated Money for U, an RBI-registered non-banking financial company (NBFC) focused on green mobility and electric vehicle (EV) financing, has reported revenue of approximately ₹40 crore in FY25–26, registering a 35% year-on-year growth amid rising demand for EV financing across India.

The company has demonstrated strong momentum over the past two financial years, recording an average 25% growth in loan disbursements and nearly 45% growth in Assets Under Management (AUM). During this period, AMU served more than 25,000 borrowers while expanding its network through over 50 strategic partnerships and the addition of more than 125 dealers nationwide.

Growth was driven by increasing demand across electric two-wheelers, three-wheelers, and four-wheelers, with Uttar Pradesh, Odisha, Delhi NCR, Madhya Pradesh, and Bihar emerging as key markets. The company also expanded its regional footprint into Uttarakhand and Chhattisgarh through its leasing division as part of a broader expansion strategy.

Commenting on the company’s performance, Nehal Gupta, Founder and Managing Director of AMU, said, “AMU has completed over five years in the EV financing sector with a strong focus on underserved and emerging markets. As EV adoption continues to scale across India, specialised financing will play a critical role in enabling access and supporting manufacturers, dealers, and borrowers alike.”

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Looking ahead, AMU is targeting revenue of nearly ₹60 crore in FY26–27, reflecting an anticipated growth of around 50%. To support this expansion, the company is actively pursuing debt, co-lending, and strategic partnerships with large banks, NBFCs, and ecosystem stakeholders.

The company is also planning to raise up to $20 million over the next six months to meet growing financing demand across electric two-wheeler, three-wheeler, and four-wheeler segments. The proposed capital infusion will further support expansion into battery financing and other clean-tech asset categories, strengthening AMU’s position in India’s rapidly evolving green mobility ecosystem.

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