Indifi is a finance technology startup founded in 2015 in India with the slogan "OUR LOAN. YOUR GROWTH." The company aims to support the growth of small businesses by providing loans to those that lack access to traditional financing. Indifi distinguishes itself by leveraging technology to aggregate and analyze data from various sources, allowing for a more comprehensive evaluation of a business's creditworthiness and performance within its industry.
Through its Series E investment of INR2.88B on 13 June 2023, Indifi garnered support from a diverse group of investors including ICICI Venture, British International Investment, Flourish Ventures, Omidyar Network India, CX Partners, and OP Finnfund Global Impact Fund I. This substantial investment demonstrates confidence in Indifi's innovative approach and potential for significant growth in the financial services sector.
Indifi's platform not only increases small businesses' access to short or long-term funding by connecting them with multiple lenders, but also streamlines the lending process. By minimizing risk, reducing paperwork, and lowering associated costs, Indifi provides a simple and hassle-free experience, empowering businesses to thrive.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | INR2.88B | 6 | OP Finnfund Global Impact Fund I | 13 Jun 2023 |
Debt Financing | INR2.00B | 4 | SIDBI | 23 Nov 2021 |
Series D | INR1.40B | 7 | 23 Nov 2021 | |
Debt Financing | INR350.00M | 1 | 15 Mar 2021 | |
Series C | $21.00M | 6 | Accel India | 26 Jul 2019 |
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