What is Perpetuity Capital?
Founded in 2017, Perpetuity Capital operates as a specialized fintech platform dedicated to facilitating electric vehicle (EV) loans. The company functions as a digital bridge, connecting individual consumers with a network of Non-Banking Financial Companies (NBFCs) and traditional banks regulated by the Reserve Bank of India. By streamlining the application process through mobile and web interfaces, Perpetuity Capital addresses the unique credit requirements of the EV sector, effectively democratizing access to green financing solutions. Its market position is defined by its ability to integrate seamlessly with regulated financial institutions while providing a user-centric experience for EV buyers.
How much funding has Perpetuity Capital raised?
Perpetuity Capital has raised a total of $1.5M across 2 funding rounds:
Debt
$602K
Private Equity
$874K
Debt (2023): $602K with participation from Clime Finance Private
Private Equity (2024): $874K led by Transaction Square
Key Investors in Perpetuity Capital
Clime Finance Private
Clime Finance is a specialized investment firm focused on empowering SMEs engaged in climate mitigation and sustainable transportation projects.
Transaction Square
Transaction Square is a premier tax, regulatory, and business advisory firm that provides strategic M&A and financial guidance to high-growth startups and unicorns.
What's next for Perpetuity Capital?
With the recent infusion of capital, Perpetuity Capital is well-positioned to scale its technological infrastructure and deepen its partnerships with financial institutions. The strategic focus will likely shift toward enhancing credit risk assessment models and expanding the platform's reach to capture a larger share of the EV financing market. As the Indian government continues to incentivize the adoption of electric vehicles, Perpetuity Capital's role as a specialized lending facilitator becomes increasingly vital. Future growth will likely involve diversifying its lending partner ecosystem and potentially introducing new financial products tailored to the evolving needs of the sustainable transportation sector.
See full Perpetuity Capital company page
