The integrated sustainability tech platform TapFin has signed a Memorandum of Understanding (MoU) with the EV Powertrain Lab at the Indian Institute of Technology Bombay (IIT Bombay), aiming to tackle challenges in EV financing and develop innovative solutions to make electric vehicle ownership more accessible while exploring commercially viable and sustainable use cases for electric vehicle deployment.
The alliance details
Through this partnership, TapFin and IIT Bombay seek to establish a dynamic ecosystem that connects academia and industry by promoting knowledge exchange, research collaboration, and the cultivation of industry-relevant skills.
Under the MoU, TapFin and IIT Bombay will collaborate on joint research and knowledge sharing within the electric vehicle ecosystem, aiming to develop industry-ready solutions. This partnership will provide IIT Bombay students with greater exposure to industry trends and challenges, allowing them to engage in real-world projects that meet industry needs. Meanwhile, TapFin will utilize IIT Bombay’s academic expertise to enhance its innovations and offerings for business stakeholders in the electric vehicle sector. Additionally, TapFin will take part in IIT Bombay’s annual EV Career Day, giving students insight into real-world industry challenges and recruitment opportunities.
Aditya Singh, Co-Founder & CEO TapFin said, “We are thrilled to collaborate with IIT Bombay’s EV Powertrain Lab. This MoU marks a significant step in our commitment to driving innovation in green mobility. By tapping into the brilliant minds at IIT Bombay, we look forward to pushing the boundaries of EV technology and creating solutions that have a real-world impact.”
Prof. Sandeep Anand, IIT Bombay Leadership said, “The partnership with TapFin aligns with our mission to strengthen collaboration between academia and industry. The EV Lab is excited to work with TapFin to develop industry-focused research and solutions that will shape the future of electric mobility.”
With this collaboration, both TapFin and IIT Bombay aim to support India’s vision of a sustainable, green future through advancements in electric vehicle technology and ecosystem.
