StockWatch
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Non Banking Financial Company (NBFC)
New Launch27 Jul 2026, 06:31 pm

Akme Fintrade Launches Green Finance Platform AKME GreenX

AI Summary

Akme Fintrade (India) Limited, an RBI-regulated NBFC, has partnered with Finayo to launch AKME GreenX, a new Green Finance platform. This platform is dedicated to supporting Electric Mobility and Renewable Energy financing. The company aims to build a ₹200 Crore Green Asset Portfolio over the next two years, with ₹100 Crore allocated for EV Financing and ₹100 Crore for Solar & Distributed Renewable Energy Financing. Over the next five years, the partnership targets a ₹1,000 Crore EV & Solar Financing Portfolio. The initiative leverages Akme Fintrade's lending expertise and Finayo's AI-powered digital platform to offer efficient, technology-driven financing solutions, aiming to boost green finance accessibility and promote the adoption of EVs and renewable energy in India.

Key Highlights

  • Akme Fintrade launches Green Finance platform, AKME GreenX, in partnership with Finayo.
  • Platform to build ₹200 Cr Green Asset Portfolio in two years for EV and renewable energy.
  • Aims for a ₹1,000 Cr EV & Solar Financing Portfolio within five years.
  • Combines lending expertise with AI-powered digital platform for faster financing.