A Mumbai-based green finance NBFC has raised ₹380.5 Cr ($42 Mn) in a fresh equity round led by British International Investment and Finnfund, with participation from FMO and Eversource Capital.
Founded in 2023 by Rajashree Nambiar and Govind Sankaranarayanan, the startup provides loans ranging from ₹1 lakh to ₹1.5 crore for sustainable assets such as rooftop solar systems, electric vehicles, and SMEs.
The company currently serves 1.25 lakh customers, manages ₹1,400 Cr in AUM, and partners with companies like Ather Energy and Motovolt Mobility, along with 23+ banks and 100+ OEMs to scale green financing across India.