New Delhi, Apr 08: SaveIN, one of India’s fastest-growing fintech platforms that transformed affordability in India’s healthcare and wellness ecosystem through its flagship Pay Later product, has announced its expansion into the premium electric mobility category through a partnership with EMotorad, one of India’s leading electric cycle manufacturers. Through this collaboration, customers across EMotorad‘s dealer network and experience stores pan-India can access e-cycles priced up to ₹1 lakh while paying in easy EMIs via a 30-second digital approval process. The entire process is paperless and completed in-store, with no separate application required, allowing customers to move from selection to purchase without delays.
For SaveIN, this move marks a significant evolution, as the company applies its proven, paperless financing infrastructure to India’s rapidly growing electric mobility market. With a 3-in-1 financing model including a Bank pre-approved base of over 5 crore customers, multiple NBFCs and Credit Cards, SaveIN aims to remove financial friction from high-value sustainable mobility purchases — a category increasingly central to modern Indian aspirations — as against other BNPL products that typically focus on low-value purchases.
Having built scale and trust by enabling instant credit for elective and lifestyle healthcare at over 7,000 partner locations, SaveIN is now extending the same ease and speed to premium e-cycles, in line with the platform’s mission to help consumers act on purchase intent without postponement.
“We began by making healthcare accessible; now, we’re making sustainable, future-ready mobility an immediate reality for every Indian,” said Gaurav Luthra, Co-Founder and Chief Business Officer, SaveIN. “Expanding to high-value categories like electric cycles is a natural progression of our vision. We have built highly scalable infrastructure for a smarter way to pay for everything that defines a high-quality life. By removing the financial friction from premium mobility choices, we are helping millions of Indians say ‘yes’ to their aspirations today — and we will continue to onboard all top brands on SaveIN Pay Later.”
Commenting on the partnership, Kunal Gupta, Co-Founder and CEO, EMotorad said:”“Our goal from day one has been to make electric mobility accessible to everyone. Whether it’s daily commuters navigating busy routes or parents looking for a smarter, more convenient solution for their children, we want more people to be able to make a financially sound decision of owning an electric cycle.
We believe ownership shouldn’t feel complicated or out of reach, especially when the need is so clear. That’s where SaveIN’s digital-first model strengthens our vision by making the entire process simpler, more accessible, and easy to adopt. It allows more individuals and families to move from consideration to ownership with confidence, while keeping the experience seamless, quick, and aligned with how people prefer to make decisions today.”
