Finayo, an EV lending and asset management startup, has raised Rs 16 crore from investors, including HNIs, angel investors, and NBFCs F Mec and CFPl. According to Finayo, the financing is intended to spur technological development and increase the platform's reach throughout India.

The seed round of Finayo, an AI-Powered Lending platform, has closed at an undisclosed sum. The India Accelerator-backed iAngels Network