Akme Fintrade (India) has partnered with Finayo to launch AKME GreenX - Powered by Finayo, a dedicated green finance platform to support electric mobility and renewable energy financing. Over the next two year, the platform will build a Rs 200 crore green asset portfolio, with Rs 100 crore for EV financing and Rs 100 crore for solar & distributed renewable energy financing. Over the next five years, the partners aim to build a Rs 1,000 crore EV & Solar financing portfolio.
The partnership combines the company's lending expertise with Finayo's AI-powered digital lending platform to deliver faster, technology-enabled financing solutions. The initiative aims to expand access to green finance while supporting the adoption of electric mobility and renewable energy across India.
Akme Fintrade (India) is a non-banking finance company (NBFC). It is primarily engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace.