About TapFin
TapFin is a company based in Mumbai (India) founded in 2023 by Terniza Berry, Pramod Marar, and Aditya Singh. TapFin has raised $4 million across 1 funding round from investors including Elevar Equity. The company has 22 employees as of July 31, 2025. TapFin offers products and services including Financing Solutions, Technology Solutions, EV Affordability Services, and Battery Recycling. TapFin operates in a competitive market with competitors including Turno, VidyutTech, Three Wheels United, Ohm Mobility and GoMylz Mobility, among others.
- Headquarter Mumbai, India
- Employees 22 as on 31 Jul, 2025
- Founders Terniza Berry, Pramod Marar, Aditya Singh
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Tapsys Private Limited
- Date of Incorporation 24 May, 2023
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$22.48 K (USD)0as on Mar 31, 2024
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Net Profit
-$94.21 K (USD)0as on Mar 31, 2024
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EBITDA
-$93.86 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Mar 11, 2024
- Investors
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Employee Count
22
as on Jul 31, 2025
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Products & Services of TapFin
TapFin offers a comprehensive portfolio of products and services, including Financing Solutions, Technology Solutions, EV Affordability Services, and Battery Recycling.
Offers loans and leasing for EVs and green energy projects.
Provides insights from IoT and GPS to optimize energy costs.
Assists in selecting and purchasing EVs at discounted prices.
Monitors and monetizes end-of-life batteries for higher value.
People of TapFin
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Funding Insights of TapFin
TapFin has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in March 2024. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $4.0M
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First Round
First Round
(11 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - TapFin | Valuation |
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Investors in TapFin
TapFin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elevar Equity.
| Investor | Description | Founded Year | Domain | Location |
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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Founded Year | Domain | Location |
Investments & Acquisitions by TapFin
Financial Statements - TapFin
Tapfin Comparisons
Competitors of TapFin
TapFin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Turno, VidyutTech, Three Wheels United, Ohm Mobility and GoMylz Mobility, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial electric vehicles are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Electric vehicle financing and ownership platform is offered.
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| domain | founded_year | HQ Location |
Electric vehicle financing is offered to low-income clients.
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| domain | founded_year | HQ Location |
A platform for financing electric vehicles is provided to users.
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| domain | founded_year | HQ Location |
Serves as an online platform for financing electric vehicles, simplifying access for consumers.
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Latest news on Tapfin
Frequently Asked Questions about TapFin
TapFin was founded in 2023 and raised its 1st funding round 1 year after it was founded.
TapFin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aditya Singh is the current CEO of TapFin. They have also founded this company.
TapFin is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Mar 11, 2024.
As of Jul 31, 2025, the latest employee count at TapFin is 22.
Annual revenue of TapFin is $22.48K as on Mar 31, 2024.
Provider of technology and financial solutions for clean energy transition. The company facilitates financing for commercial participants in the clean mobility, solar, and battery sectors. It offers insights based on data to increase profitability and enable portfolio monitoring. The company also supports battery recycling and reuse, and provides end-to-end support for solar projects.
TapFin's top competitors include VidyutTech, Turno and Three Wheels United.
TapFin offers Financing Solutions, Technology Solutions, EV Affordability Services, and Battery Recycling.
TapFin has 1 investor. Key investors include Elevar Equity.
The valuation of TapFin is $13.29M as of Mar 2024.