TapFin launches GoGreen Capital to EV green financing in India

  • Industry News
  • Apr 15,25
GoGreen will capitalise on TapFin’s deep understanding and partnerships in the sustainability ecosystem.
TapFin launches GoGreen Capital to EV green financing in India

TapFin, an integrated tech-enabled sustainability platform and a key player in sustainable financing, has launched GoGreen Capital, a Non-Banking Financial Company (NBFC). GoGreen Capital, a wholly-owned subsidiary of TapFin (co-founded by Aditya Singh, Pramod Marar, Terniza Berry), 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 & suppliers whitelisting, real-time asset management & 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 & 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 & 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."

 

The 2025 Union Budget highlights NBFCs' crucial role in financial inclusion, especially for MSMEs in sustainability-focused sectors. With initiatives like the expanded Credit Guarantee Scheme and the National Digital Platform for MSMEs, the government is easing access to capital. As part of India's broader green growth agenda, these initiatives are designed to support businesses driving the clean transition. Aligning with this vision, GoGreen Capital aims to accelerate green financing, empowering businesses in clean mobility and renewable energy to scale and drive India’s sustainable transition.


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.


The NBFC is backed by a leadership team with over 40 years of expertise in banking, credit, sales, and financial services. GoGreen Capital will collaborate with financial institutions, and fintech platforms to expand green financing, including co-lending opportunities, ensuring businesses across Tier 2 and Tier 3 cities can access sustainable financial solutions.

 

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