TapFin has unveiled GoGreen Capital, a Non-Banking Financial Company (NBFC).
GoGreen Capital, a wholly owned subsidiary of TapFin, aims to redefine financing for Indian businesses’ transition to renewable and sustainable energy, strengthening its commitment to sustainability.
With access to financing being one of the biggest barriers to sustainability adoption, GoGreen Capital aims to fill this gap by offering customised lending solutions that address the unique needs of businesses operating in these spaces.
With an initial focus on clean mobility, solar and battery circulatory sectors, it will enable startups, MSMEs, OEMs, EPCs, fleet operators and commercial businesses to secure capital for their sustainability-driven initiatives, accelerating the shift towards a greener economy.
GoGreen will capitalise on TapFin’s deep understanding and partnerships in the sustainability ecosystem. It will use ‘TapFin Hub’ – TapFin’s proprietary platform’s core capabilities – OEM and suppliers whitelisting, real-time asset management and monitoring via advanced AI models, portfolio valuation and disposal monetisation – to achieve a faster and more innovative go-to-market.
TapFin Hub is a tech-enabled platform that enables ecosystem participants’ access to advisory, financing, battery & vehicle management, marketplace, and analytics that enables faster and more efficient transition to green energy.
‘At TapFin, our mission is to empower businesses with technology & financial solutions that drive meaningful change. With GoGreen Capital, we are expanding this vision by addressing a critical need in India’s green transition — access to financing. By combining data-driven insights with tailored financial products, GoGreen Capital is designed to unlock capital for businesses adopting electric vehicles, solar energy solutions, battery circularity and other sustainability-related objectives. Our goal is to bridge funding gaps, accelerate sustainable growth, and contribute to India’s journey towards a cleaner, more resilient economy.’ said Aditya Singh, CEO, TapFin.
Pramod Marar, MD and CEO, GoGreen Capital added, “Access to affordable capital remains a significant challenge for businesses looking to adopt clean technologies. With GoGreen Capital, we aim to fill this crucial gap by providing customised financing solutions that cater to the unique needs of EV fleet operators, MSMEs, OEMs and sustainability-driven enterprises. As an NBFC, GoGreen Capital is equipped to offer flexible lending models that reflect the realities of the clean mobility and renewable energy sectors. By empowering businesses with accessible financial support, we are enabling them to scale effectively while advancing India’s green economy.”
GoGreen Capital will provide commercial asset loans, business loans, and leasing solutions tailored to the clean mobility, battery and solar ecosystems. Its lending products will consider unique business models, cost structures, and supply chain dynamics, ensuring sustainability-driven enterprises receive customised financing.
The NBFC will leverage TapFin’s platform for data-driven underwriting and contextual credit assessments based on non-traditional insights like vehicle usage patterns, battery analytics, ecosystem partnerships, and fleet operations.
Send news announcements/press releases to:
info@b2bmarketmedia.com
