Elevar Equity leads $4M funding round for India’s TapFin sustainability platform
- ByStartupStory | March 14, 2024
TapFin, a sustainability platform, has secured $4 million in funding led by Elevar Equity. The company plans to utilize the funds to advance its mission of becoming India’s foremost sustainability platform, focusing initially on clean mobility before expanding into other sustainability verticals such as solar and renewable energy technologies.
In a statement, TapFin expressed its intentions, stating, “The funds from this round will be used to accelerate TapFin’s goal to become India’s leading sustainability platform, starting with clean mobility and expanding into other verticals of sustainability like solar and other renewable energy technologies.”
Elevar Equity, the lead investor, emphasized the significance of TapFin’s mission. They believe in the potential of the platform to drive positive environmental impact and sustainable practices.
TapFin aims to leverage the investment to enhance its technological infrastructure and expand its reach within the sustainability sector. The company envisions playing a pivotal role in driving India’s transition towards a more sustainable future.
Through strategic partnerships and innovative solutions, TapFin aims to address key sustainability challenges and drive.
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