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Altigreen Ties Up With Sundaram Finance For Retail Financing Solutions

News Date 23 May 2023

Altigreen Ties Up With Sundaram Finance For Retail Financing Solutions

The partnership of Altigreen with Sundaram Finance aims to provide attractive retail financing solutions to its customers.

The leading commercial EV maker Altigreen has partnered with Sundaram Finance to accelerate the EV market. This strategic tie-up will contribute to providing customised retail financing solutions to Altigreen’s customers throughout the country. It will cover customised loan facilities and attractive financing schemes for EV customers to boost retail sales. 

This agreement between Altigreen and Sundaram Finance is supposed to offer significant interest in the market. In this way, customers can look at various attractive financial schemes to buy the best-in-class Altigreen electric vehicles. The partnership simplifies the Altigreen EV buying process with many exciting offers. Customers can get a seamless financing experience with competitive interest rates as compared to other NBFCs (Non-Banking Financial Companies). Sundaram Finance will facilitate a one-stop solution for financial services related to EV financing needs for Altigreen EV customers.

Official Statement By Sundaram Finance About Partnership 

Managing Director (MD) of Sundaram Finance, Rajiv Lochan, said, "We are delighted to partner with Altigreen as we get into the next phase of financing EVs. Making transportation carbon-free and accessible to all has been the key criterion for our partnership with Altigreen. Their research, subsequent rollout of the 3-wheeler EV cargo, and passion allows a trusted NBFC like us to enter this new segment with exciting finance options that customers can choose from. We are confident that through our partnership with Altigreen, our loyal and valued customers will enjoy the renowned Sudaram experience. We will also be able to offer our complete suite of financial products and services to Altigreen’s customers.” 

Official Statement By Altigreen On Team Up With Sundaram Finance   

Co-Founder and CFO of Altigreen company, Shalendra Gupta, said, “Partnering with Sundaram Finance is a strategic move. Our association with such a long-standing financier with a strong base will reinforce confidence in Altigreen products. It will help reach urban and rural markets. Through this partnership, Altigreen will be better placed to provide better financial solutions to customers and ensure better earning opportunities. 
Dr Amitabh Saran, Founder, and CEO of Altigreen, shared his thoughts on the partnership, “We aim to provide convenient and comprehensive finance options and are confident that this partnership will cater to the business requirements of both companies and produce a great synergistic effect.”

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