Solfin Sustainable Finance achieves rare early-stage milestone. The green finance startup has raised ₹280 crore in fresh funding while turning profitable in its first year of operations, an unusual combination for an early-stage non-banking financial company. Founded by former American Express executives, Solfin operates as a digital-first lending platform exclusively focused on clean-energy financing. The capital will fuel AI-driven credit underwriting, portfolio monitoring, geographic expansion into underpenetrated states, and new green-financing products. The company's proprietary technology has dramatically accelerated loan approvals, reducing residential solar approvals from weeks to days.
