
Electronica Finance Limited
Electronica Finance Limited (EFL) is one of the leading Non-Banking Finance Companies (NBFC) with 200+ branches across India. Incepted in the year 1990, EFL was amongst the first few NBFC’s to provide loans for Machinery purchase. Over the years, EFL has diversified into various segments catering to a large product portfolio that includes Business loans, Working Capital loans, Commercial and Residential Rooftop Solar Loans & Loan Against Property Loans in addition to our flagship product of Machinery loans. With stress on unwavering ethics, mutual respect, strong determination and a healthy work culture matching the global finance industry standards, EFL has been able to maintain a strong & dignified portfolio. Around 40% of our new disbursements come from the existing clientele. EFL’s tailored finance options have empowered more than 35000+ customers over the last 34 years.
Overview
Electronica Finance Limited (EFL) is a Non-Banking Finance Company. Incepted in 1990, EFL was among the first few NBFC’s to provide loans for machinery purchases. Over the years, EFL has diversified into various segments catering to a large product portfolio that includes business loans, working capital loans, and industrial property loans in addition to its flagship product of machinery loans.
Tech Stack
Funding History
Venture Round
$10.0M
Apr 2019
responsAbility Investments AG
Venture Round
$14.0M
Dec 2019
Encourage Capital
Debt Financing
$15.0M
Aug 2023
Global Climate Partnership Fund
Series B
$47.9M
Apr 2024
Encourage Capital, Aavishkaar Venture Capital, LeapFrog Investments