Ecofy Secures Rs 380 Crore Equity to Boost Retail Green Finance

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Ecofy Secures Rs 380 Cr to Boost Green Finance Market

Representational image (Image: News18)

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News18•16-03-2026, 21:30

Ecofy Secures Rs 380 Cr to Boost Green Finance Market

•NBFC firm Ecofy raised Rs 380.5 crore in equity capital to expand its green finance business.
•New investors include British International Investment (BII) and Finnfund Digital Access Impact Fund I (DAIF).
•Existing investor Eversource Capital also continued its commitment in the funding round.
•Growth capital will support expansion in rooftop solar, electric vehicles, and SME financing.
•Fund infusion will increase Ecofy's capital adequacy ratio to approximately 50%.

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