Metafin

Metafin is a cleantech-focused non-banking financial company (NBFC) that accelerates India’s transition to renewable energy by providing accessible financing solutions for rural and semi-urban micro-businesses and households. Customers can consult metafin partners, they can switch to solar installation after the review and approval. Customers include hospitals, housing societies, schools, petrol stations, hotels, sports academies etc.

Core Products & Services

• Solar Financing: Loans for rooftop solar panels, solar pumps, and off-grid solar systems.

• EV Financing: Support for electric vehicle adoption, including charging infrastructure.

• Energy-Efficiency Loans: Funding for clean energy upgrades (e.g., replacing diesel generators).

• IoT-Enabled Solutions: Remote monitoring of solar installations to ensure performance and repayment compliance.

Business Model

Metafin operates as a project-led financing platform, offering flexible and accessible financial solutions to overcome the upfront capital constraints associated with solar energy adoption. Their model includes:

• Flexible Financing Options: Providing 0% EMI plans, attractive loan schemes, and collateral-free financing.

• Fast Loan Approvals: Ensuring quick loan processing with minimal documentation.

• Extensive Partner Network: Collaborating with over 250 trusted cleantech retail partners across India

• Comprehensive Support: Offering access to qualified technology partners and service providers for installation and maintenance.​

Their process involves connecting with franchisee partners or directly with Metafin, submitting an application, receiving a loan decision within 48 hours, and proceeding with installation upon approval.

Customer Segmentation

• B2B: Solar installers, EV charging providers, and cleantech manufacturers.

• B2C: Rural MSMEs (e.g., flour mills, gas stations) and households seeking energy independence.

Growth Strategy

• Geographic Expansion: Targeting 6–7 new states (e.g., Chhattisgarh, Jharkhand) by 2025.

• Product Innovation: Developing IoT-driven loan monitoring and expanding into EV financing.

• Strategic Partnerships: Collaborating with banks, NBFCs, and installers to broaden reach.

• Technology Investment: Enhancing AI/ML tools for credit risk assessment and operational efficiency.

Conclusion

Metafin is poised to become a leader in India’s cleantech financing space, leveraging its rural-first approach, IoT integration, and capital-efficient model. For investors and researchers, it represents a scalable solution to India’s dual challenges of energy poverty and climate change, with a proven track record of growth and impact.