in India with more than
2Lac+ customers served
easy installments
Why should you purchase E-rickshaw instead of Auto Rickshaw
Better income
Net Take home Rs: 900 per day, total fuel cost only 70 rs per day and cost of vehicle less than 1.5 Lacs
Lower Maintenance
E-rickshaw has much lower maintenance and service cost and down time
No permit required
In many markets (eg: Delhi) petrol and CNG 3W sales are limited because of permits whereas for E-rickshaw there is no requirement of permits.
Let's create a
Better World
By moving forward to Electric Rickshaw
1 ton of CO2 Emissions per year for 6 mature trees is equal to one year of a e-rickshaw
An electric rickshaw earns between INR 900 and INR 1200 per day, depending on location and time of month.
Assuming an average daily
Income levels at
Rs.900 per day
Charging expense of
Rs.70
Monthly instalment
converted to daily expense
(7500/30). ~ 250
Daily net income of (900 –70 –250) ~ 580 which amounts to a monthly income of ~ Rs.17400 minimum income after covering all expenses.
Since the cost of the product is 50% of the cost of Traditional 3W and therefore is affordable for the most vulnerable section of our society
This income can put 1 family out of poverty and enable them to lead a respectable life without having to resort to child labor
The average Indian household has 4.8 members. We’ve already impacted the lives of over 960K people and are adding another 9,000 people each month
Historical Price Jump
Petrol & Diesel Price over the years in India
Global average battery price
Fig 1: Volume-weighted average pack and cell price split
Real2021 $/kWh
Source: BloombergNEF
BNEF predicts average pack prices will dip below $100 per kwh in 2024
Why choose akasa finance
Deep rural/semi-urban penetration and distribution network
Strong ties with manufacturers, particularly in northern and eastern India
The industry's oldest player since 2016
Profitable since inception
In Delhi we have (Akasa Finance) market share of 40% (As per RTO Data) and West Bengal we have ~80%
Industry-leading collection performance
Financed approx. 270000 vehicles till date
Year of experience
Branches
Happy Customers
Disbursement Run Rate
Our Financial Sector
E - Rickshaw
Electric Bike / Scooter
Commercial 3 wheel electric Loader
E-Cart
Vehicle Accessories Loans
