Mintifi

India's first Deep Tier Channel Financing Platform || Automating your Receivables Management || Working Capital to SMEs

General Information
Company Name
Mintifi
Founded Year
2017
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
801
Industries
Financial Services, Fintech, Lending and Investments
Funding Stage
Series D
Social Media

Mintifi - Company Profile

Mintifi is a financial technology startup that aims to address working capital challenges faced by Small and Medium Enterprises (SMEs) in India. The company, founded in 2017, offers an Advanced Receivables Management Suite for corporates, providing solutions from invoicing to collections and risk management. It allows instant monetization of receivables, enabling businesses to optimize their growth potential and expand their distribution reach across tier 2 & 3 markets. This automation-focused approach has attracted significant attention in the traditionally manual lending space. Notably, Mintifi secured a INR9.03B Series D investment on 08 March 2023, with backing from International Finance Corporation, Elevation Partners, Norwest Venture Partners, and PremjiInvest. With a strong emphasis on leveraging technology to streamline financial processes, Mintifi is positioning itself as a key player in the evolution of channel financing in India.

Taxonomy: Channel Financing, Receivables Management, Working Capital, SMEs, Invoice Payments, Credit Risk Assessment, Collections, Tier 2 & 3 Markets, Financial Technology, Investment, World Bank, Lending Platform, SME Growth

Funding Rounds & Investors of Mintifi (6)

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Funding Stage Amount No. Investors Investors Date
Series D INR9.03B 4 08 Mar 2023
Series C INR2.99B 4 08 Feb 2022
Series B $6.03M 2 18 Mar 2021
Series A INR570.00M 1 14 Feb 2019
Seed Round $2.00M 1 13 Apr 2018

View All 6 Funding Rounds

Latest News of Mintifi

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No recent news or press coverage available for Mintifi.

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