TapFin

Founded in 2023 and based in Maharashtra, India, Tapsys Private Limited, doing business as TapFin, is a financial platform focused on enabling financing for the electric mobility ecosystem. Led by Aditya Singh (CEO & Co-Founder) and Terniza Berry Singh (COO & Co-Founder), TapFin combines financing with fleet intelligence, real-time asset monitoring, and risk insights to improve lender confidence and fleet performance. The company offers business loans, vehicle financing, leasing, and EV-focused financial solutions. In March 2024, Tapsys Private Limited raised USD 4 million in seed funding led by Elevar Equity.

The company delivers a focused suite of products that combine financing and technology to support India’s clean mobility and sustainability ecosystem. Its core offering, Tap Finance, provides financing solutions for fleet operators, MSMEs, dealers, and other ecosystem participants, including business loans, vehicle loans and leasing, term loans, and working capital aligned with electric mobility and sustainable assets. Complementing its financing capabilities is FleetForce, a fleet intelligence platform that uses IoT, GPS, and data analytics to support real‑time asset tracking, performance monitoring, risk assessment, and predictive analysis. FleetForce enables lenders and operators to improve portfolio visibility, monitor asset utilisation, and make data‑driven decisions across the fleet lifecycle.

In addition, Tap ReSell supports asset circularity by facilitating the resale and end‑of‑life monetisation of vehicles and batteries. Through asset health monitoring, performance data, and market‑linked pricing, Tap ReSell helps support reuse and recycling within the clean mobility ecosystem. Together, Tap Finance, FleetForce, and Tap ReSell form an integrated platform supporting financing, operational visibility, and asset lifecycle management. TapFin generates revenue through loan origination and servicing fees earned via Tap Finance, interest income from lending activities through its NBFC subsidiary, platform and subscription fees for FleetForce, and transaction‑based fees from asset resale and end‑of‑life monetisation facilitated through Tap ReSell.