Ecofy Secures $12.5M Danish Loan for Green Finance

27 Mar 2025 CW Team

Ecofy Finance, an Indian NBFC focused on green transition, has secured a $12.5 million long-term loan from Denmark’s Investment Fund for Developing Countries (IFU). The funding aims to bridge India’s last-mile climate finance gap in consumer, transportation, and SME sectors.

Key Highlights Plans to finance over 1 million EVs and 1.5 GW of rooftop solar in the next 6-7 years.

Supports India-Denmark Green Strategic Partnership (2020).

Focus on reducing air pollution and boosting SME access to green financing.

Axis Bank acted as the exclusive financial advisor for the deal.

The investment strengthens India’s clean energy shift, helping consumers and businesses transition away from fossil fuels while promoting sustainable growth.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..