Hunyhuny
Sector Consumer Brand Website www.hunyhuny.com Location Gurugram Stage Growth
Month: February 2024
Metafin raises Funds
Venture Garage advises Metafin in securing $5 Million raise from Prime Venture Partners & Varanium Capital 12 February 2024, Gurugram: Metafin, a clean tech-focused non-banking finance company (NBFC), has successfully secured $5 million in a recent funding round. Prime Venture Partners and Varanium Capital led …
Metafin
About Us
WITH A SINGULAR FOCUS ON CLEAN ENERGY LENDING; we are solving for energy access across Tier II+ India through financing, distribution, and clean energy expertise.
Our Core focus is on semi-urban & rural segments that are unserved and virtually uncontested segment. We make rooftop solar financing seamless offering turnkey solar financing for retail/C&I borrowers with in-built project quality safeguards, PRIMARILY REPLACING THE USE OF DIESEL.
Funding Update: Raised $5Mil from Prime Venture Partners and Varanium Capital. Read Full News here.
Sector
Fintech-Lending | Cleantech Finance
Website
www.metafin.in
Location
Mumbai
Stage
Growth
Why rural diesel replacement is such a LARGE OPPORTUNITY. Decent quality and stepped-up power remain a distant dream for most Micro enterprises in agrarian states such as UP, Bihar, Jharkhand, and Odisha. Most micro-enterprises in rural areas of these states are using diesel as their main source of energy. Solar installations today are an incredibly attractive solution for the energy needs of these micro-enterprises in rural India. Estimated opportunity is over 9 GWs, and $6bn just in the 4 states mentioned above, however, availability of financing is the single most important hurdle for this market to take off. $98bn solar financing opportunity overall.
Opportunity
TEAM
Founder & CEO
Harvard B-School. 20+ years of rooftop solar & banking experience. CEO of Azure power’s distributed solar business & senior roles at PWC, EY, & HSBC.
Co-Founder
10+ years in fintech & investing. VP of growth at fintech startup 7+ years of PE/VC experience. Integrated Capital. DARBY Franklin Templeton. Cube Wealth.
Senior Advisor
Wharton. 30+ years of finance & sustainability experience. Goldman Sacs. UN environment Program. Shell Foundation. PEAK venture partners.
Shark Tank
Venture Garage makes splash in Shark Tank: Given First Exit & First Guest Shark from its Portfolio Venture Garage makes a significant impact on Shark Tank, achieving a milestone with its first guest shark and Shark Tank’s inaugural exit both from its portfolio. The standout …