TapFin Launches GoGreen Capital for Green Financing

TapFin has launched GoGreen Capital, a new Non-Banking Financial Company (NBFC) aimed at enhancing green financing in India. This subsidiary will provide customized lending solutions for startups, MSMEs, fleet operators, and businesses in the clean mobility, solar, and battery circularity sectors, addressing a significant gap in access to affordable capital for sustainable initiatives. Utilizing its proprietary platform, TapFin Hub, GoGreen Capital will leverage data-driven underwriting and contextual credit assessments to tailor financial products that meet the unique needs of the green economy. The venture aligns with government priorities for financial inclusion and aims to support enterprises in Tier 2 and Tier 3 cities, where financing options are often limited. Pramod Marar, MD and CEO of GoGreen Capital, emphasized the importance of flexible lending models that reflect the realities faced by businesses in these sectors. Overall, this initiative positions TapFin as a proactive participant in the transition to a greener economy.