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Sustainability platform Tapfin bags $4million in funding from Elevar Equity

Economic TimesEconomic Times · 8m
Sustainability platform Tapfin bags $4million in funding from Elevar Equity

Mumbai-based sustainability platform Tapfin has secured $4m in seed funding led by Elevar Equity. The funds will be used to support the company's growth, expand its market reach and enhance its technological capabilities. Tapfin provides financing and insurance services to startups and SMEs in the sustainability ecosystem, while also creating an ecosystem among companies in this space by offering additional services such as demand aggregation and market linkages. The platform initially focuses on the clean mobility sector but plans to diversify into other sustainability verticals like solar energy and renewables. Tapfin aims to expand its presence in tier 2 and tier 3 cities across India.

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