ClimateTechIndiaMay 20, 2026

Solfin raises $33.6M (India, May 2026)

$33.6M
Rs 280 crore

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Headline

Solar finance NBFC firm Solfin raises Rs 280 crore, turns profitble in its first year of operations - Indian Startup News

About

Solfin is a non-banking financial company focused on clean energy lending, particularly for rooftop solar installations. It aims to facilitate India's transition away from fossil fuels by providing dedicated financing solutions for residential, commercial, and industrial segments. The company has developed a proprietary underwriting engine that significantly reduces loan approval times.

Article summary

Solar finance NBFC firm Solfin raises Rs 280 crore, turns profitble in its first year of operations  Indian Startup News

Founder
Gautam Kaushik, Pramod Mahanta
Co-Founders
Investors
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