# TapFin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tapfin

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.tapfin.in/
- Total disclosed funding: $4M
- Latest round: Seed (Mar 11, 2024)
- Investors on record: 1

## About

Founded in 2023 and based in Maharashtra, India, Tapsys Private Limited, dba TapFin operates as a financial institution that simplifies finance for the electric mobility ecosystem. Aditya Singh (CEO), Terniza Berry (CO), and Pramod Marar (CBO) are the co-founders of the company. In March 2024, Tapsys Private Limited raised USD 4 million in seed funding led by Elevar Equity.

The company offers a range of financial products designed to meet diverse needs, including business loans, vehicle loans, and leases, as well as specialized options such as the DCO-Vehicle Loan. The firm provides a digital platform that allows customers to benefit from decision-making processes with minimal documentation requirements. In addition, Tapsys offers zero-down payment options and preferential discounts on select electric vehicles from brands, further incentivizing the transition to clean transportation.

The organization plans to use the March 2024 funding to fuel its growth plans and market reach, as well as to strengthen its technology and data capabilities.

## Funding rounds

- Seed, Mar 11, 2024, $4M — Elevar Equity

## Investors

- Elevar Equity (https://capitalatlas.ai/funds/elevar-equity) — Seed