Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

Jan 2024 Other

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own credit rating, the company said in a release on Wednesday. An improved credit rating helps lenders access debt at cheaper rates.

https://economictimes.indiatimes.com/tech/funding/climate-focussed-nbfc-ecofy-secures-rs-90-crore-in-equity-funding-from-dutch-bank-fmo/articleshow/107113031.cms?from=mdr