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Electronica Finance Limited

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.

Pune, Maharashtra, India1001-5000 employeesFounded 1990

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

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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