Ecofy Finance & Motovolt Mobility join forces
Ecofy Finance Private Limited, India’s pioneering green-only NBFC, has partnered with Motovolt Mobility, an advanced and reliable electric two-wheeler solutions provider, to offer end-to-end financing solutions across both retail and institutional segments. As part of this strategic alliance, Ecofy will be the primary financing partner for Motovolt’s entire electric two-wheeler range, including the newly launched MVS7 e-scooter, which comes with a battery swapping functionality supported by Indofast.
The collaboration is designed to break down financing barriers that limit EV adoption not just for individual buyers, but more importantly for logistics service providers, fleet operators, and last-mile delivery companies. Through tailored and scalable credit solutions and access to the OEM’s robust electric two-wheelers, the partnership enables these businesses to reduce the total cost of ownership with significantly higher vehicle uptime to strengthen their commitment to a greener ecosystem.
Kailash Rathi, Head – Partnerships & Co-lending, Ecofy, said: “Our partnership with Motovolt Mobility is a big step forward in making green financing more accessible across India. We are focused not only on empowering individual EV buyers, but also on helping logistics service providers and fleet operators accelerate the shift to greener fleets.”
Tushar Choudhary, Founder & CEO, Motovolt Mobility, said: “Through this partnership, we look forward to promoting seamless green financing via integrated solutions across our B2B and B2C channels. This will also strengthen our ability to serve the market in a more inclusive and scalable way.”
The program, in partnership with Motovolt Mobility, is geared to drive significant financing of electric 2-wheelers over the next year, with a significant share dedicated to fleet and institutional buyers. Through data-led credit assessment models and integrated dealership-level financing workflows, the partnership ensures a seamless customer experience from vehicle selection to ownership—whether for individual consumers or large-scale fleet deployments.
