Msme Lender Indifi Technologies Raises $35 Million In New Funding Round
Amount Raised
$35 Million
Description
Micro, small and medium enterprise (MSME)-focused lending platform Indifi Technologies on Tuesday said that it has raised Rs 290 crore (or roughly $35 million) as part of its latest round of funding. Till date the company has raised around $85 million in equity funding, data from Tracxn shows.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardUnmuteCurrent Time 0:01/Duration 50:11Loaded: 1.17%00:01Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -50:10 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedPicture-in-PictureFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.AdvertisementThe round was led by funds managed by ICICI Venture, along with participation from existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners. According to the company, it will use the fresh capital to expand its current operations, enhance its presence across existing and newer markets, as well as to develop newer markets across the MSME sector