Close Menu

    Sign Up for updates

    Get the latest news from QUATRO HIVE about law, policy, technology and innovation.

    By signing up, you agree to our terms and privacy policy agreement.

    Trending Now

    Cybersecurity in Fintech: Regulatory Measures to Combat Evolving Threats

    July 9, 2025

    #TheSpotlight: Sameet Gambhir, Sr. VP and Group Head – Legal, UFLEX Ltd.

    July 11, 2025

    RBI tweaks rules to facilitate ease of doing business in shipping sector

    July 10, 2025
    Email WhatsApp LinkedIn Instagram Facebook
    LinkedIn Instagram Facebook
    Quatro Hive
    •  LOGIN
    SIGN UP
    • Experts Speak
      • #CyberClout
      • #FinGurus
      • #NextStar
      • #SheInspires
      • #DesiDisruptors
      • #TheSpotlight
    • Dialogues
      • #CyberClout
      • #FinGurus
      • #NextStar
      • #SheInspires
      • #DesiDisruptors
      • #TheSpotlight
    • Directory
      • Tech Solution Providers
      • Universities
    • Resource Library
      • Campus Ambassadors
      • HiveBuzz
      • BuzzQ
      • Bulletin
    • News
      • Industry Updates
      • Media
    • Events & Partnerships
    • Sign Up
    • Login
    Quatro Hive
    Home » Dugar Finance raises $3 million from Symbiotics’ Green Basket Bond to boost EV, solar loans
    Industry Updates

    Dugar Finance raises $3 million from Symbiotics’ Green Basket Bond to boost EV, solar loans

    Dugar Finance secured a $3 million debt from Symbiotics Investments. This funding aims to boost electric vehicle and rooftop solar financing. The focus is on residential consumers, MSMEs, and housing societies. These are located in tier-2 and tier-3 cities. British International Investment supports the bond. Ramesh Dugar highlights the mission to link financial inclusion with sustainability.
    June 17, 2025By QH Editorial Team
    Share
    Facebook Twitter LinkedIn WhatsApp

    Dugar Finance & Investments Limited, a non-banking financial company NBFC) working in solar and MSME financing, raised $3 million in debt from the $75 million Green Basket Bond issued by Swiss-based impact Investment firm Symbiotics Investments.

    The fresh funds will help Dugar Finance expand its footprint in EV financing and rooftop solar financing, particularly targeting residential consumers, MSMEs, and housing societies in tier-2 and tier-3 cities. The bond is subscribed to by British International Investment (BII), the UK’s development finance institution aims to accelerate renewable energy adoption across Asia and Africa.
    “At Dugar Finance, our mission has always been to bridge financial inclusion with sustainability. This capital infusion is not just financial support, it’s a strong endorsement of our efforts to drive clean energy access and uplift small businesses at the grassroots,” said Ramesh Dugar, Founder and MD of Dugar Finance. He added that the funding will help the NBFC to scale its offerings in regions where such solutions can be transformative.

    Dugar said so far it has helped over 1,200 customers adopt rooftop solar systems and purchase EVs, leading to an estimated reduction of 3,000 tonnes of carbon emissions and annual electricity savings of 2.96 crore.

    https://economictimes.indiatimes.com/industry/banking/finance/dugar-finance-raises-3-million-from-symbiotics-green-basket-bond-to-boost-ev-solar-loans/articleshow/121908442.cms

    Author

    • QH Editorial Team
      QH Editorial Team

      View all posts
    Dugar Finance EV funding Green Basket Solar Loans Symbiotics

    Comments are closed.

    Share. Facebook Twitter LinkedIn WhatsApp

    Related Posts

    Belong raises $5 million to build a full-stack digital bank for NRIs

    July 10, 2025By QH Editorial Team

    CIMware raises $2.3 m in round led by Transition VC

    July 2, 2025By QH Editorial Team

    Agritech startup Eeki raised $7 million from Sixth Sense Ventures

    July 2, 2025By QH Editorial Team
    ads
    Experts Speak

    Cybersecurity in Fintech: Regulatory Measures to Combat Evolving Threats

    July 9, 2025

    Your Digital Footprint in the Age of AI: Who Really Owns Online Content?

    June 26, 2025

    The Reddit-AI War: Who Owns Your Digital Footprint?

    June 24, 2025

    Zerodha’s Gamification Strategy: Engaging India’s Young Investors

    June 19, 2025
    ads
    Stay In Touch
    • Twitch
    • WhatsApp
    • LinkedIn
    • Instagram
    • Facebook

    Quatro Hive is a media and knowledge platform built on four pillars which are law, policy, technology and innovation. In collaboration with key industry players, we are dedicated to cultivating a new era of innovation across industries.

    Address: D-65, Ground Floor, #ZBC-042, Defence Colony, New Delhi – 110024
    Email Us: reach@quatrohive.com
    Contact: +91 11 4121 2828, +91 9311 398 140

    Dribbble WhatsApp LinkedIn Instagram Facebook
    Quick Links
    • Experts Speak
    • Dialogues
    • Directory
    • Campus Ambassadors
    • HiveBuzz
    • BuzzQ
    • Bulletin
    • Industry Updates
    • Media
    • Events & Partnerships
    Newsletter

    Sign Up for updates

    Get the latest news from QUATRO HIVE about law, policy, technology and innovation.

    By signing up, you agree to our terms and privacy policy agreement.

    • Terms and Conditions
    • Privacy Policy
    © 2025 Quatro Hive.

    Type above and press Enter to search. Press Esc to cancel.

    Welcome Back!

    Login below or Register Now.

    Forgot Password?

    Register Now!

    Already registerd? Login.

    Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.