TrucksUp, AU Small Finance Bank Tie-up to Empower Fleet Owners
ECONOMY & POLICY

TrucksUp, AU Small Finance Bank Tie-up to Empower Fleet Owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business.

This collaboration further strengthens TrucksUp’s mission of transforming "Chaalak to Malik" and promoting self-reliance among truck owners. This initiative helps to empower small fleet owners to make smarter business decisions, improve their operational efficiency, and achieve entrepreneurial aspirations by simplifying access to finance.

Speaking on the collaborations, Virendra Yaduvanshi, CEO of TrucksUp said, “It is a pleasure to have AU Small Finance Bank Ltd as a strategic partner to align with our goals and objectives of empowering the truck driver’s community in India. AU Small Finance Bank Ltd adds value through their financial expertise in solving the capital needs at competitive rates. I express my gratitude to AU Small Finance Bank Ltd team who share our values, trust our work and understand our mission. This partnership is a step forward in fulfilling our vision of transforming the truck ownership experience in India, allowing our end users to fulfill their dreams and build successful businesses.”

Wahid Raza, Vice President of Value-Added Services at TrucksUp, said on the partnership, "We are happy to have a strong partner like AU Small Finance Bank Ltd who share our goal. The execution of this tie-up is being managed effectively and TrucksUp is well equipped and trained to serve the customers and driver community for their financial needs through AU Small Finance Bank Ltd."

TrucksUp’s partnership with AU Small Finance Bank Ltd is a major step forward in its commitment to transforming the commercial vehicle sector and empowering the truck driver community to achieve financial independence and success.

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This collaboration further strengthens TrucksUp’s mission of transforming Chaalak to Malik and promoting self-reliance among truck owners. This initiative helps to empower small fleet owners to make smarter business decisions, improve their operational efficiency, and achieve entrepreneurial aspirations by simplifying access to finance. Speaking on the collaborations, Virendra Yaduvanshi, CEO of TrucksUp said, “It is a pleasure to have AU Small Finance Bank Ltd as a strategic partner to align with our goals and objectives of empowering the truck driver’s community in India. AU Small Finance Bank Ltd adds value through their financial expertise in solving the capital needs at competitive rates. I express my gratitude to AU Small Finance Bank Ltd team who share our values, trust our work and understand our mission. This partnership is a step forward in fulfilling our vision of transforming the truck ownership experience in India, allowing our end users to fulfill their dreams and build successful businesses.” Wahid Raza, Vice President of Value-Added Services at TrucksUp, said on the partnership, We are happy to have a strong partner like AU Small Finance Bank Ltd who share our goal. The execution of this tie-up is being managed effectively and TrucksUp is well equipped and trained to serve the customers and driver community for their financial needs through AU Small Finance Bank Ltd. TrucksUp’s partnership with AU Small Finance Bank Ltd is a major step forward in its commitment to transforming the commercial vehicle sector and empowering the truck driver community to achieve financial independence and success.

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?