Cholamandalam Investment and Finance Company (Chola) has teamed up with Hero Electric to offer retail finance for electric two-wheelers. The partnership will enable the Hero Electric to cater to newer markets with Chola's widespread presence across the country. The partnership will also give Chola a strong foothold in the EV financing space, with 1,145 branches spread across urban, semi-urban and rural markets
Cholamandalam Investment and Finance Company is among the top 5 NBFC’s in the country operating in vehicle finance, home equity, corporate and mortgage finance segments with subsidiaries in the broking and wealth advisory space.
