Indifi raises $21 million in Series C funding
Indifi Technologies, a Gurugram-based SME lending company raises $21 million in its series C funding round from the CDC Group, along with existing investors such as Accel India, Omidyar Network, Fair Finance Fund, and Elevar Equity, according to data sourced from the Registrar of Companies.
Indifi was co-founded in 2015 by Alok Mittal and Siddharth Mahanot and is mostly engaged in lending to small and medium enterprises. The company works to digitize the lending processes of these small businesses.
In 2016, it had closed its series B round when Omidyar Network led the process to invest $10 million in the company.
As per details filed with the ROC, Indifi has received Rs 100 crore from the CDC Group, followed by 23 crores from Accel India, and Omidyar Network and Fair Finance Fund ...