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March 21,2026

Ecofy Secures $42M to Expand Digital Green Financing for EV Adoption in India

Ecofy (India), a green NBFC, has secured $42 million (~₹380.5 crore) in equity funding from global investors including British International Investment and Finn fund to scale its EV and clean energy financing portfolio.

The company serves 120,000+ customers, manages ₹1,400+ crore AUM, and partners with 100+ OEMs and 23+ financial institutions, focusing on financing electric 2W/3W vehicles, rooftop solar, and SMEs.

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