About Metafin
Metafin is an Energy & Utilities company based in Mumbai (India) founded in 2018 by Aditya Samir Shah and Sandeep Chopra. Solar financing platform is offered for residential and retail customers. Metafin has raised $15.66 million across 7 funding rounds from investors including AU Small Finance Bank, Northern Arc Capital and Venture Catalysts. Metafin was last valued at $11.15 million in January 2023. Its chief executive, as recorded, is Sandeep Chopra. Its Indian entity Metafin Cleantech Finance Private Limited reported revenue of ₹14.42 Cr. Metafin offers products and services including Solar Financing Loans, Installer Financing, and Working Capital Support. Its focus areas include Energy, Solar Energy, Solar-as-a-service and Financing. Its competitors include SolarSquare, ZunRoof and Orb Energy; 3 of its 3 listed competitors have raised funding.
Company details
Metafin was founded in 2018 and is headquartered in Mumbai, India. A platform for solar financing is provided to retail customers and residential properties, including hospitals, housing societies, schools, petrol stations, hotels, and sports academies. Consultations with partners are facilitated, followed by reviews and approvals for solar installations. Operations focus on enabling transitions to solar energy in the renewable sector.
- Headquarters Mumbai, India
- Founders Aditya Samir Shah, Sandeep Chopra
- Stage Minicorn
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website metafin.in
- Legal Name Metafin Cleantech Finance Private Limited
- Date of Incorporation 24 Feb, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹14.42 Cr
FY 2025 · +255% YoY
- Net Profit₹47.9 Lakh
FY 2025 · 3% margin
- EBITDA₹6.45 Cr
FY 2025 · 45% margin
- Total Equity Funding$15.66M (USD)
in 7 rounds
- Latest Funding Round$10M (USD), Debt – Conventional
Mar 2026
- InvestorsAU Small Finance Bank
& 21 more
Associated legal entities of Metafin
Metafin operates through Metafin Cleantech Finance Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metafin Cleantech Finance Private Limited CIN U74999MH2018PTC305543 | Active | 24 Feb 2018 | Mumbai, Maharashtra | ₹14.4 Cr | 86 | 2 | View details |
Products & Services of Metafin
Metafin offers a comprehensive portfolio of products and services, including Solar Financing Loans, Installer Financing, and Working Capital Support.
Loans for solar projects to lower rural energy costs
Financing for solar installers to expand rural access
Support for partners to grow solar installation businesses
Funding Insights of Metafin
Metafin has successfully raised a total of $15.66M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.66M
- Total Rounds 7
- Last Round Debt – Conventional — $10M
- First Round $34,931
(Jan 2022)
- Investors Count 22
All 7 funding rounds of Metafin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $10M | Debt – Conventional | – | – | |
| Apr 2025 | Debt – Conventional | – | – | ||
| Apr 2025 | $10M | Series A | – | Vertex Ventures | |
| Jun 2024 | Debt – Venture | – | – | ||
| Jan 2024 | $5M | Series A | – | Prime Venture Partners, VCAPL | |
| Jan 2023 | $625,393 | Seed | $11.15M | Venture Catalysts, Rockefeller | |
| Jan 2022 | $34,931 | Angel Round | – | Ankit Hitesh Doshi |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2023 | $11.15M | •••••••• |
Last known valuation $11.15M (Jan 2023). 22 investors in total: 16 institutional and 6 angel.
Investors in Metafin
Metafin has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AU Small Finance Bank, Northern Arc Capital and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Financial services including portfolio management, alternative investments, and offshore products for high net-worth individuals and institutions. | 1990 | varaniumgroup.com | Mumbai, India | |
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage venture capital fund focused on multiple sectors | 2019 | peakventures.in | Mumbai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Venture capital firm investing in multiple sectors | patamar.com | Bengaluru, India | ||
Startup accelerator | 2016 | znationlab.com | Cupertino, United States |
Investor details for Metafin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Metafin Cleantech Finance Private Limited (Metafin)
Metafin Cleantech Finance Private Limited is the primary company behind Metafin. The board of Metafin Cleantech Finance Private Limited currently have 2 directors; the longest-serving is Sandeep Chopra, appointed in 2018. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Chopra DIN 07506719 | Managing Director | 24 Feb 2018 | 8 yrs 8 mo | Metafin Cleantech Finance Private Limited |
| Aditya Samir Shah DIN 08115535 | Director | 31 May 2018 | 8 yrs 4 mo | Metafin Cleantech Finance Private Limited |
People of Metafin
2 people are tracked at Metafin (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Founder & CEO | Leadership |
Complete people profiles for Metafin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Metafin
Figures of Metafin Cleantech Finance Private Limited, the primary company behind Metafin, for FY 2025. Revenue was ₹14.42 Cr (+255% year on year). Net profit was ₹47.9 Lakh (3% margin). EBITDA was ₹6.45 Cr (45% margin). Revenue has grown at a compounded annual rate of +120% over three years and +111% over five years.
- ₹14.42 CrRevenue · FY 2025 · +255% YoY
- ₹47.9 LakhNet profit · 3% margin
- ₹6.45 CrEBITDA · 45% margin
- ₹8.31 CrPaid-up capital
- 86Employees (provident fund records)
- +120%Revenue CAGR, 3 years
- +111%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Metafin Cleantech Finance Private Limited are on its company page.
Detailed financial statements for Metafin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Metafin
4 dated milestones of Metafin across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Metafin is founded.
- Funding First funding round of $35K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $10.0M.
Competitors of Metafin
Metafin has 3 listed competitors in our database, 3 of them funded. They include SolarSquare, ZunRoof and Orb Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarsquare.in | 2015 | Mumbai, India | $61.07M | 1,463 | Provider of solar panel installation services | |
| zunroof.com | 2016 | Gurugram, India | $17.97M | 73 | Provider of solar panel installation and O&M services | |
| orbenergy.com | 2006 | Bengaluru, India | $8.1M | 257 | Installs water heaters and solar products |
Detailed competitors of Metafin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Metafin
The website of Metafin (metafin.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 33.1% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Metafin (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Metafin
Metafin was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Metafin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sandeep Chopra is the CEO of Metafin, as recorded in our data. They have also founded this company.
Metafin is a funded company, having raised a total of $15.66M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $34.93K, raised on Jan 2022.
The primary company behind Metafin, Metafin Cleantech Finance Private Limited, reported revenue of ₹14.42 Cr for FY 2025, up 255% year on year.
Metafin was founded in 2018 and is headquartered in Mumbai, India. A platform for solar financing is provided to retail customers and residential properties, including hospitals, housing societies, schools, petrol stations, hotels, and sports academies. Consultations with partners are facilitated, followed by reviews and approvals for solar installations. Operations focus on enabling transitions to solar energy in the renewable sector.
Metafin's top competitors include SolarSquare, Orb Energy and ZunRoof.
Metafin offers Solar Financing Loans, Installer Financing, and Working Capital Support.
Metafin has 22 investors. Key investors include AU Small Finance Bank, Northern Arc Capital, Venture Catalysts, Alteria Capital, and Z Nation Lab.
The valuation of Metafin is $11.15M as of Jan 2023.
Metafin operates through Metafin Cleantech Finance Private Limited.
The legal entities of Metafin currently have 2 directors, including Sandeep Chopra, Aditya Samir Shah.