IIFL
802, 8th Floor, Hubtown Solaris, N. S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai, Maharashtra, 400069, India
Overview
IIFL Finance offers financial services such as home loans, small ticket-sized home loans, secured MSME Loans, and project loans. Their diversified business model includes credit and finance, wealth management, financial product distribution, asset management, capital market advisory, and investment banking.
- Total investments
- 24
- Lead investments
- 6
- Investments · 12mo
- 3
- Active investors
- 6
Sector focus
- Asset Management
- Banking
- Finance
- Financial Services
- Wealth Management
Investment portfolio
- TraqCheck
Participated · Series A · Apr 2026
TraqCheck builds an AI-driven platform that executes end-to-end hiring workflows—sourcing, screening, and background verification—via specialised agents such as its background screening agent Trace. The company has nearly 300 enterprise customers globally, including Randstad Enterprise, Wipro and The Digital College. It is expanding upstream into talent acquisition with Nina, a real-time conversational sourcing agent that initiates outreach, qualifies applicants, and introduces vetted talent to hiring managers. Co-founder and Co-CEO Jaibir Nihal Singh positions the product as a shift from traditional search interfaces to agent-led workflow execution. TraqCheck targets enterprises across Europe and India and is positioning its Human Operating System as infrastructure to eliminate tool fragmentation in HR. The company intends to scale headcount and its agent infrastructure with the newly raised capital.
- Knight FinTech
Participated · Series A · Jan 2026
Founded in 2019, Knight FinTech develops core infrastructure that lets banks, large NBFCs, and digital platforms originate, distribute, and manage loans while overseeing liquidity and treasury operations. Its modular stack covers co-lending, digital lending, embedded finance rails, and a treasury management system that tracks liquidity, risk, borrowings, and investments. The company already supports more than 150 partnerships across 85 lenders—including Bank of Baroda, ICICI Securities, Bajaj Auto, and NABARD—and has facilitated over $7 billion in loan disbursements with more than $5 billion in active assets on the platform. Knight’s treasury product manages over $125 billion in assets for clients. Looking ahead, the Mumbai startup plans to expand into Asia-Pacific and Gulf markets while using fresh capital to deepen product capabilities. Management targets scaling annual revenue to $85–100 million within four years and aims to push assets under management beyond $50 billion. Prior to the latest financing, the company had raised roughly $6 million, bringing total capital to $30 million to date.
- Finfactor
Participated · Series A · Dec 2025
Finfactor is the parent company of Finvu Account Aggregator, a platform that enables secure data exchange for banks, insurers, stockbrokers, investment advisors, and other financial institutions. Through Finvu and its broader product suite, the company offers a multi-AA gateway, bank-statement analysis, loan-monitoring and collections tools, and wealth-management capabilities. These offerings are used by more than 150 BFSI clients, including HDFC Bank, Axis Bank, Motilal Oswal, Canara Bank, and CRED. Finfactor claims its infrastructure has helped serve over 50 million consumers to date and is supported by a team of more than 120 professionals. The company plans to use new capital to expand its product portfolio, deepen its analytics capabilities, and evolve into a full-stack technology provider for banks and other BFSI customers. Prior to the current raise, Finfactor secured $2.5 million in July 2022 from Varanium Nexgen Fund, IIFL, DMI Sparkle Fund, and others, indicating steady investor support for its growth trajectory.
- Finarkein Analytics
Participated · Series A · Aug 2024
Founded in 2019 by Nikhil Kurhe, Dheeraj Kumar, Aakash Narendra Agrawal and Pradip Machindra Waghmare, Finarkein Analytics develops data-infrastructure products that let banks, NBFCs and other businesses tap into India’s emerging digital public rails. Its flagship Flux platform, built on components such as OpenDataOS and Smart Collect, enables clients to ingest, normalise and act on consented data from the Account Aggregator framework, OCEN and ONDCFS. The company positions itself as a market leader in the AA ecosystem, emphasising privacy-preserving architecture and robust compliance. Today the platform powers over 100 BFSI companies, giving Finarkein a substantial footprint in India’s open-finance landscape. The newly raised capital will be channelled into bolstering data privacy, security and compliance features as the firm scales usage across financial markets. Prior to the current round, Finarkein secured $5.78 million in seed funding, providing it with a total disclosed funding of roughly $7.28 million to date. The company generates revenue by licensing its infrastructure to financial institutions, though exact revenue figures were not disclosed.
- MakeO
Participated · Equity · Jan 2024
MakeO is the parent company of skincare brand Skinnsi and dental-tech brand Toothsi, offering skin, hair, and dental services under one roof. The company provides services including clear aligners, laser hair removal, acne treatment, anti-aging, and teeth whitening. MakeO says it has served over 150,000 clients and employs more than 600 dental professionals, including over 100 orthodontists and internal dentists. It launched the unified makeO brand in September 2022 after combining Toothsi and Skinnsi. The company has signed celebrities Anushka Sharma and Virat Kohli as brand ambassadors. With the new funding, MakeO plans to scale its experience centers nationwide and broaden its geographic reach.