AMU Leasing is a tech-enabled NBFC that focuses on financing electric vehicles. It is perhaps India's only woman-led NBFC exclusively serving the electric vehicle ecosystem. Nehal Gupta, Director of AMU Leasing, is a third-generation business owner. She did her graduation from Indiana University's Kelley School of Business, with a double major in marketing and supply chain management.
Mehul Dani: What factors are driving the growth in the business? How has product innovation boosted business?
Nehal Gupta: Our company experienced an annual growth rate of 106.75% in our business during the JFM 2023. Our focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers has played a significant role. Many of these potential customers don't have access to traditional loans from established banks, and we've bridged this gap by providing tailored financial solutions.
This story is from the September 2023 edition of Banking Frontiers.
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This story is from the September 2023 edition of Banking Frontiers.
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