New NBFC arm to offer customised loans for clean mobility, solar, and battery circularity, bridging critical funding gaps for India’s green economy

In a move to accelerate India’s transition towards a sustainable future, TapFin — a tech-enabled sustainability platform — has declared the introduction of GoGreen Capital, a Non-Banking Financial Company (NBFC) dedicated to green financing. As a wholly-owned subsidiary of TapFin, GoGreen Capital will focus on providing tailored financial solutions for businesses across the clean mobility, solar, and battery circularity sectors.

With access to capital often cited as one of the biggest barriers to sustainability adoption, GoGreen Capital aims to unlock growth for startups, MSMEs, OEMs, EPCs, and fleet operators through customised loans, asset financing, and leasing solutions. The new NBFC will offer products specifically designed around the unique needs of sustainability-driven enterprises, taking into account the sector’s evolving business models, supply chains, and capital requirements.

GoGreen Capital will leverage TapFin’s proprietary platform, TapFin Hub, to provide real-time asset management, portfolio valuation, and advanced AI-driven credit assessments. This technology-first approach will enable more accurate underwriting and ensure faster, more efficient access to capital.

“With GoGreen Capital, we’re addressing a critical need in India’s green transition — access to financing,” said Aditya Singh, CEO of TapFin. “We are combining data-driven insights with bespoke financial products to unlock capital for businesses championing clean energy and mobility.”

Pramod Marar, MD and CEO of GoGreen Capital, added, “Our lending models are built for the realities of the clean energy ecosystem. From EV fleet operators to solar tech startups, we’re here to offer the capital they need to grow and scale.”

The launch is in step with the 2025 Union Budget, which underscores the importance of NBFCs in driving financial inclusion for MSMEs, particularly those operating in sustainability sectors. GoGreen Capital also plans to collaborate with other financial institutions and fintech players to widen the reach of green financing, including co-lending opportunities to serve Tier 2 and Tier 3 markets.

Backed by a leadership team with over 40 years of collective experience in banking and credit, GoGreen Capital is poised to play a pivotal role in powering India’s clean economy, ensuring that access to finance is no longer a hurdle in the nation’s sustainable journey.