cKers Finance
cKers Finance is an Indian NBFC founded in 2017 that provides sustainability-focused debt financing — including electric three-wheeler loans, EV fleet financing, rooftop solar loans, and growth debt — to individual drivers, cleantech OEMs, and MSMEs across India.
- Company typePrivate
- Founded2017
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What cKers Finance does
cKers Finance Pvt Ltd is an Indian Non-Banking Financial Company (NBFC) founded in 2017 and headquartered in New Delhi, specializing in sustainability-focused debt financing for the clean energy and electric mobility sectors. The company provides structured loan products tailored to cleantech use cases, including door-step electric three-wheeler financing, EV fleet loans (up to 4 years), energy storage loans (up to 3 years), working-capital facilities for cleantech OEMs (3-12 months), rooftop solar loans (up to 5 years), SME resource efficiency loans (up to 7 years), and growth debt for climate startups. Customers span individual E3W drivers, fleet operators, cleantech OEMs, climate-focused startups, and MSMEs seeking debt financing in the Rs. 20-150 million range.
cKers generates revenue primarily through interest income on its loan portfolio, with rates ranging from 15% to 32% depending on product and risk profile. The company operates a partnership-driven distribution model, leveraging OEM financing tie-ups with Piaggio, Euler Motors, Mahindra, Bajaj, and TVS for origination, lending capital partnerships (notably Vivriti Capital Limited) for funding, and strategic relationships with cleantech-focused entities (cKinetics, CIIE-IIM Ahmedabad, CalCEF, DFC, IUSSTF/PACEsetter). A GTM and income guarantee arrangement with Porter supports driver-cashflow underwriting for the E3W segment. As of recent disclosures, cKers has financed over 2,500 electric three-wheelers and announced an INR 100 Crore commitment to MSMEs for rooftop solar and energy efficiency at the India State Climate Investment Forum in 2026. The company has been recognized as an Impact Assets 50 Emerging Impact Manager in 2022 and 2023 and has received the PACEsetter Funds Award.
cKers Finance firmographics
Firmographics- Name
- cKers Finance
- Legal name
- cKers Finance Pvt Ltd
- Website
- https://ckersfinance.in
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- cKers Finance is an Indian NBFC founded in 2017 that provides sustainability-focused debt financing — including electric three-wheeler loans, EV fleet financing, rooftop solar loans, and growth debt — to individual drivers, cleantech OEMs, and MSMEs across India.
- Ownership category
- akta.pro rank
cKers Finance industry classification
Industry- Product category
- Sustainable Energy Finance
- NAICS
- Sales Financing (52222), Miscellaneous Financial Investment Activities (523999)
- SIC
- Finance Lessors (6172), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)
Keywords
Where cKers Finance is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
cKers Finance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income from Loans: cKers Finance generates revenue primarily through interest charged on loans. Interest rates range from 15% to 32% based on an interest rate matrix that considers cost of funds, tenor cost, market liquidity, RBI policies, competition, customer profile, repayment history, and collateral value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Interest rates based on risk gradation matrix ranging from 15% to 32% |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
cKers Finance product offering
Product offeringCore offering
cKers Finance is a specialized sustainability-focused Non-Banking Financial Company (NBFC) in India providing debt financing for the sustainable energy transition and clean mobility sectors. Its portfolio includes E3W Finance (electric three-wheeler loans for individual drivers), EV Fleet Loans, Rooftop Solar Loans, Energy Storage Loans, SME Resource Efficiency Loans, Cleantech OEM Loans, and Growth Debt for early-stage cleantech companies. All products are structured without requiring property collateral, instead financing against cash flows and the security of assets financed.
Product overview
cKers Finance is a specialized sustainability finance company launched in 2017, operating as a Non-Banking Financial Company (NBFC) in India. The company offers a portfolio of debt financing products targeting the sustainable energy transition and clean mobility markets. Their core offerings include: E3W Finance for electric three-wheeler loans, Growth Debt for early-stage cleantech companies, SME Resource Efficiency Loans for industrial energy and water efficiency projects, Rooftop Solar Loans for commercial and industrial solar installations, Energy Storage Loans, Cleantech OEM Loans for working capital, and EV Fleet Loans for asset financing. All products are structured without requiring property collateral, instead financing against cash flows and security of assets financed.
Differentiator
Problem solved
Functional benefit
Products and services
- E3W Finance (Electric Three-Wheeler Financing)
Quantifiable outcome
- 2500+ electric 3-wheelers financed
- +2 more outcomes
Companies that use cKers Finance
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
cKers Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
cKers Finance partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- cKineticscorecKinetics is a mission-driven Sustainability Insight, Innovation & Capital Advisory firm with strong operational relationships with Energy Services Companies. It has experience both in project development and in channeling capital in the DRE sector in India. Managing Director Upendra Bhatt serves on cKers Finance board.
- Centre for Innovation Incubation and Entrepreneurship (CIIE) - IIM AhmedabadcoreCIIE is a leading clean-tech incubator in India housed at the Indian Institute of Management, Ahmedabad. It has strong operational relationships with Ministry of New and Renewable Energy (MNRE), international and domestic Financial Institutions.
- California Clean Energy Fund (CalCEF)coreCalCEF is optimizing the clean energy transition by connecting ideas, capital and solutions. Committed to creating 100%+ clean energy to benefit all.
- PorterminorPartnership for regular income guarantee - Porter provides high volume of delivery orders to independent drivers financed by cKers, ensuring steady work flow for borrowers.
- Piaggio Vehicles Private LimitedcoreMajor OEM partner for electric 3-wheeler financing. Models include Ape E-Xtra FX, Ape-E-CITY FX NE MAX. cKers has strong relationship with Piaggio for service support.
- Euler Motors Private LimitedcoreOEM partner for Euler Hi Load EV and Euler HiCity electric 3-wheelers. Provides technical support and service for financed vehicles.
- Mahindra Last Mile Mobility LimitedcoreOEM partner for Mahindra ZOR Grand D and Mahindra Treo+ electric vehicles. Offers warranty and maintenance packages for financed vehicles.
- Bajaj Auto LtdcoreOEM partner for Bajaj Maxima Cargo E-TEC 12.0 and Bajaj GOGO P5009 electric 3-wheelers.
- TVScoreOEM partner for TVS King EV Max electric 3-wheeler financing.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
cKers Finance competitors and assessment
Company assessmentDirect peers
- Vivriti Capital: Indian NBFC focused on mid-market and enterprise credit; explicitly listed as cKers Finance's lending partner for digital lending solutions, making it a directly comparable platform NBFC with overlapping debt products.
- Cholamandalam Investment and Finance: Vehicle finance and SME loan NBFC in India with strong OEM-tied auto finance distribution; directly comparable to cKers' EV/SME asset-backed lending model.
- Shriram Finance: Large Indian NBFC specializing in commercial vehicle and equipment financing to small operators and transport owners, the same end-customer persona cKers targets with its E3W and EV fleet loans.
Broad incumbents
- Mahindra & Mahindra Financial Services: Large diversified NBFC with extensive vehicle and SME finance franchise; an OEM-affiliated incumbent offering overlapping EV, vehicle and rural lending products with deeper capital and branch network.
- Indian Renewable Energy Development Agency (IREDA): Government NBFC dedicated to renewable energy finance in India; comparable as a specialized institutional lender in rooftop solar and clean-energy segments where cKers also lends.
- Bajaj Finance: India's largest diversified NBFC offering consumer durables, vehicle and SME finance; an incumbent that increasingly competes in EV and consumer durable financing segments targeted by cKers.
- International Finance Corporation (IFC): World Bank DFI that finances climate and sustainability SMEs in emerging markets; comparable as an institutional capital and partnership counterparty to cKers' sustainability finance mandate.
Emerging players
- Kinara Capital: Fintech-NBFC extending collateral-free working capital loans to small businesses in India; comparable in its MSME focus and asset-light underwriting philosophy.
- Aavishkaar Capital: India-based impact investing platform with deep climate/clean-energy deal flow; comparable as a capital provider to early-stage sustainability businesses, mirroring cKers' growth-debt and climate-startup financing focus.
- Lendingkart: Fintech-NBFC providing working capital and term loans to Indian MSMEs; overlapping with cKers' SME resource efficiency and growth-debt products for small businesses.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
cKers Finance social profiles
Digital presencecKers Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
cKers Finance leadership team
Management profileNumber of profiles
Profiles4 records
cKers Finance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
cKers Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about cKers Finance
What does cKers Finance do?
cKers Finance is a specialized sustainability-focused Non-Banking Financial Company (NBFC) in India providing debt financing for the sustainable energy transition and clean mobility sectors. Its portfolio includes E3W Finance (electric three-wheeler loans for individual drivers), EV Fleet Loans, Rooftop Solar Loans, Energy Storage Loans, SME Resource Efficiency Loans, Cleantech OEM Loans, and Growth Debt for early-stage cleantech companies. All products are structured without requiring property collateral, instead financing against cash flows and the security of assets financed.
Is cKers Finance a public or private company?
cKers Finance is a private company. It is classified as venture growth investor backed and is currently operating.
When was cKers Finance founded?
cKers Finance was founded in 2017. It employs 11 to 50 people.
Where is cKers Finance based?
cKers Finance is headquartered in New Delhi, India, in the Asia region.
How does cKers Finance make money?
One revenue line is on record: interest Income from Loans.
Who are cKers Finance's main competitors?
Direct peers on record are Vivriti Capital, Cholamandalam Investment and Finance and Shriram Finance. Broad incumbents are Mahindra & Mahindra Financial Services, Indian Renewable Energy Development Agency (IREDA), Bajaj Finance and International Finance Corporation (IFC). Emerging players are Kinara Capital, Aavishkaar Capital and Lendingkart.
Does cKers Finance have an API?
No public API is recorded for cKers Finance.
What industry is cKers Finance in?
cKers Finance's product category is Sustainable Energy Finance. Its primary akta.pro industry code is FSABABAH, SME Equipment & Asset Finance (Leasing, Fleet, Capex). Its NAICS code is 52222 and its SIC code is 6172.