About PerUse
PerUse is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2021 by Mayank Premi and Nawal Lodha. It operates as an EV financing solutions are provided via an online platform. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. The company has 1 employees. Its Indian entity Finiot Private Limited reported revenue of ₹9 Lakh. PerUse offers products and services including Per KM Loan. Its focus areas include Energy Tech, Electric Vehicles, Financing and Aggregator.
Company details
PerUse was founded in 2021 in Gurugram, India, as an online platform focused on electric vehicle financing within the fintech sector. IoT-based vehicle tracking and advanced technology are utilized to assess and mitigate risks for lenders. Users are enabled to apply for loans by submitting details including location and preferred repayment plans, facilitating access to EV funding in the Indian market.
- Headquarters Gurugram, India
- Employees 1
- Founders Mayank Premi, Nawal Lodha
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website peruse.co.in
- Social LinkedIn
- Legal Name Finiot Private Limited
- Date of Incorporation 04 Jan, 2021
- Jurisdiction Delhi, India
- Annual Revenue₹9 Lakh
FY 2025 · +17% YoY
- Net Loss-₹58,452
FY 2025 · -6% margin
- EBITDA-₹58,297
FY 2025 · -6% margin
- Investors
- Employee Count1
Associated legal entities of PerUse
PerUse operates through Finiot Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finiot Private Limited CIN U72900DL2021PTC375284 | Active | 04 Jan 2021 | Delhi, Delhi | ₹0.1 Cr | – | 3 | View details |
Products & Services of PerUse
PerUse offers a comprehensive portfolio of products and services, including Per KM Loan.
Financing for electric vehicles with repayment based on kilometers driven.
Funding Insights of PerUse
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of PerUse with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in PerUse
PerUse has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PreSeed Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A startup accelerator program focused on early-stage ventures is offered. | – | preseedaccelerator.com | Noida, India |
Investor details for PerUse
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Finiot Private Limited (PerUse)
Finiot Private Limited is the primary company behind PerUse. The board of Finiot Private Limited currently have 3 directors; the longest-serving is Vaibhav Gupta, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Gupta DIN 07560542 | Director | 04 Jan 2021 | 5 yrs 9 mo | Finiot Private Limited |
| Mayank Premi DIN 02178606 | Director | 04 Jan 2021 | 5 yrs 9 mo | Finiot Private Limited |
| Nawal Kishore Lodha DIN 08967523 | Director | 10 Jan 2022 | 4 yrs 9 mo | Finiot Private Limited |
People of PerUse
2 people are tracked at PerUse (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for PerUse
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PerUse
Figures of Finiot Private Limited, the primary company behind PerUse, for FY 2025. Revenue was ₹9 Lakh (+17% year on year). Net loss was -₹58,452 (-6% margin). EBITDA was -₹58,297 (-6% margin). Revenue has grown at a compounded annual rate of -4% over three years.
- ₹9 LakhRevenue · FY 2025 · +17% YoY
- -₹58,452Net loss · -6% margin
- -₹58,297EBITDA · -6% margin
- ₹1.7 LakhPaid-up capital
- -4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finiot Private Limited are on its company page.
Detailed financial statements for PerUse
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of PerUse
2 dated milestones of PerUse across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PerUse is founded.
- Funding First funding round.
Web traffic of PerUse
The website of PerUse (peruse.co.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 13.6% vs previous month
Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as PerUse (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
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Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about PerUse
PerUse was founded in 2021 and raised its 1st funding round 2 years after it was founded.
PerUse is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
PerUse has 1 employees.
The primary company behind PerUse, Finiot Private Limited, reported revenue of ₹9 Lakh for FY 2025, up 17% year on year.
PerUse was founded in 2021 in Gurugram, India, as an online platform focused on electric vehicle financing within the fintech sector. IoT-based vehicle tracking and advanced technology are utilized to assess and mitigate risks for lenders. Users are enabled to apply for loans by submitting details including location and preferred repayment plans, facilitating access to EV funding in the Indian market.
PerUse offers Per KM Loan.
PerUse has 1 investor. Key investors include PreSeed Accelerator.
PerUse operates through Finiot Private Limited.
The legal entities of PerUse currently have 3 directors, including Vaibhav Gupta, Mayank Premi, Nawal Kishore Lodha.