India's Ecofy raises $10.83M funding from FMO to support expansion

Jan 26, 2024•almost 2 years ago

Amount Raised

$10.8 Million

WorliFinancial Services

Investors

Fmo

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.

Company Information

Company

Ecofy

Location

Worli, Maharashtra, India

About

We are the ones by your side on your journey to going green. We are ecofy. We support individuals and small businesses who make green choices and aim towards a sustainable tomorrow. So, whether you are looking to buy a 2 or 3 wheeler EV, solarise the roof of your home or business, or get a loan for your green business, we’ve got your back! With a strong team of domain experts, ecofy promises safe and fast green loans as well as a wide range of products. So, what are you waiting for? Make a choice, make a difference.

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