Founded in 2015 by Alok Mittal and Siddharth Mahanot, Indifi operates a technology-led lending platform that facilitates unsecured business loans to SMEs via partnerships with lending institutions. The company says it has facilitated more than 1.5 lakh loans across 400-plus cities through partnerships with over 80 lending institutions. Indifi reported operating revenue of Rs 360 crore in FY25, up 22.4% from Rs 294.24 crore a year earlier, while its net loss widened 64% to Rs 45.04 crore in the same period. The fresh Rs 79 crore injection from existing backers is intended to expand operations, strengthen infrastructure, meet working capital needs, repay debt, and cover other corporate requirements. Previously, Indifi secured $35 million in 2023 in a round led by ICICI Venture.

Total raised

$74M

Funding rounds

4

Latest round

Equity

Latest activity

Jul 2026