CASHe introduces CASHe Green: Customized Finance solutions for E-Bikes!

By Team Startupcity  |  Tuesday, 16 April 2024, 18:02 IST

CASHe introduces CASHe Green: Customized Finance solutions for E-Bikes!
CASHe, a Mumbai-based financial wellness start-up has introduced ‘CASHe Green,’ a new thriving initiative that offers personalized finance solutions for electric bikes (e2Ws). The move comes as the e2W market encounters a critical development, with e2Ws representing 62 percent of total EV deals in 2023. 
As per the organization, CASHe Green fosters to give a completely computerized finance solution in collaboration with three two wheeler bike OEMs. 
2 lakh in credit, improving openness for possible purchasers. The financial solutions likewise incorporates exchange opportunities, permitting consumers to interchange their current Internal Combution Engine - ICE bikes for another e2W. 
Also, it gives adaptability in funding parts like replacing batteries and fundamental framework updates all through an e2W’s proprietorship lifecycle. The Indian e2W market flooded in 2023, arriving at a record 866,853 deals, a 33.5 percent expansion from the earlier year, driven by FAME II sponsorships and new innovative start-ups. 
The economic Review 2023 figures a 49 percent CAGR for the home-grown EV market from 2022 to 2030, going for the one crore units in yearly deals by 2030. Since its launch in the year 2016, CASHe has enlisted more than 50 million application downloads and has dispensed loans worth 9,400 crore to over 1.3 million clients.
Expressing on this launch, Yashoraj Tyagi, CEO of CASHe states, “CASHe Green is a technology platform fully focused on financing 2W electric mobility… 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.”

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