Amount Raised
$10.8 Million
Round Type
Funding Round
Investors
Description
Ecofy, India’s green-only non-banking financial company, has secured an investment of INR 900 million ($10.83 million) from FMO, the Dutch Entrepreneurial development bank. The investment is intended to fuel Ecofy’s loan book growth, facilitate product diversification, and support expansion pan India.
Quick answer
Ecofy raised $10.8 Million in a Funding Round round, dated January 26, 2024. Investors: Fmo. Ecofy is based in Worli, Maharashtra, India.
- How much did Ecofy raise?
- Ecofy raised $10.8 Million in a Funding Round round on January 26, 2024.
- Who invested in Ecofy?
- Fmo is named as investors in this round.
- What does Ecofy do?
- We are the ones by your side on your journey to going green.
- Where is Ecofy based and how big is it?
- Ecofy is based in Worli, Maharashtra, India. Fundz records about 400 employees.
- Who are the decision-makers at Ecofy?
- Fundz holds 3 contacts at Ecofy, including the Head of Collections. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Ecofy that raised within 45 days of this round, from Fundz verified event records.
- Flagstone raised $141M on March 11, 2024.
- BlackSoil raised $100M on March 11, 2024.
- Rakeez Financial raised $2M (Seed) on March 11, 2024.
- CHERUB TECHNOLOGIES raised $1M (Seed) on March 11, 2024.
- Griffin Bank raised $24M (Series C) on March 11, 2024.
- AuthPay raised $450K (Pre-Seed) on March 11, 2024.
Who to call at Ecofy, and when
A new round usually means Ecofy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ecofy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ecofy, from your own LinkedIn network
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Fundz sees it the moment Ecofy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Ecofy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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