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Ecofy

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Rajashree Nambiar

Ecofy is India's first and only green-only NBFC (Non-Banking Financial Company), founded in 2022 and backed by Eversource Capital. Operating as a tech-first digital lending platform, Ecofy provides climate finance solutions to retail consumers and SMEs across electric vehicles (two- and three-wheelers), residential and commercial rooftop solar installations, and green energy equipment. With a presence in 21+ states across India, the company has served over 43,000 customers, reduced more than 25,000 tonnes of carbon emissions, and raised $52.8M from global impact investors including British International Investment and Finnfund.

Company Founded in 2022

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