# Ecofy: Finance, Mumbai, India

> Ecofy: Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance.

Source: https://millionrounds.com/startup/ecofy (Millionrounds; every figure on the page links to its filing or article)

India · [Finance startup](https://millionrounds.com/companies)

# Ecofy

Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance.

Funding reported Last round: Debt financing

Finance Mumbai, India

Company summary

- **Founded:** 2022 4 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** 900M as listed, currency not stated
- **Last round:** Debt financing Jan 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ecofy has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Ecofy raised

Funding, as reported

Reported in all **900M** in the source's currency

Rounds **1**

Last round **Debt financing**

Last round date **Jan 2024**

Investors listed **1**

## On a portfolio page

Investors who name them

- [EverSource Capital](https://millionrounds.com/fund/eversource-capital)

Each firm lists Ecofy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Finance in India

Startups like it

- [**Shriram Housing Finance** Teynampet · founded 2010](https://millionrounds.com/startup/shriram-housing-finance)
- [**Light Microfinance** founded 2008](https://millionrounds.com/startup/light-microfinance)
- [**Grihashakti** Mumbai · founded 2015](https://millionrounds.com/startup/grihashakti)
- [**Edelweiss Housing Finance** Mumbai · founded 2009](https://millionrounds.com/startup/edelweiss-housing-finance)
- [**Better Opinions** Gurugram · founded 2021](https://millionrounds.com/startup/better-opinions)
- [**Verve Financial Services** Chennai · founded 2004](https://millionrounds.com/startup/verve-financial-services)
- [**Money View** Bengaluru · founded 2014](https://millionrounds.com/startup/money-view)
- [**Volt Money** Bangalore · founded 2022](https://millionrounds.com/startup/volt-money)

## Is this your company?

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