About Indifi
Indifi is a company based in Gurugram (India) founded in 2015 by Alok Mittal and Siddharth Mahanot. Indifi has raised $90.76 million across 8 funding rounds from investors including Northern Arc Capital, Vivriti Capital and IndusInd Bank. The company has 876 employees as of March 28, 2024. Indifi operates in a competitive market with competitors including FlexiLoans, Funding Societies, Bizongo, Lendingkart and Yubi, among others.
- Headquarter Gurugram, India
- Employees 876 as on 28 Mar, 2024
- Founders Alok Mittal, Siddharth Mahanot
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Indifi Technologies Private Limited
- Date of Incorporation 27 May, 2015
- Jurisdiction Palam Road, Haryana, India
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Annual Revenue
$25.62 M (USD)101.36as on Mar 31, 2023
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Net Profit
$621.49 K (USD)115.76as on Mar 31, 2023
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EBITDA
$7.54 M (USD)1352.21as on Mar 31, 2023
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Total Equity Funding
$90.76 M (USD)
in 8 rounds
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Latest Funding Round
$4.22 M (USD), Debt – Conventional
Mar 30, 2026
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Investors
Northern Arc Capital
& 28 more
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Employee Count
876
as on Mar 28, 2024
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People of Indifi
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Funding Insights of Indifi
Indifi has successfully raised a total of $90.76M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.22 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Indifi
Indifi has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Northern Arc Capital, Vivriti Capital and IndusInd Bank.
| Investor | Description | Founded Year | Domain | Location |
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Alternative asset management and investment services in India.
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Government agency focused on small and medium-sized businesses
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Venture capital is directed toward multiple sectors by the firm.
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Investor details for Indifi
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Investments & Acquisitions by Indifi
Investment portfolio details for Indifi
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Financial Statements - Indifi
Detailed financials for Indifi
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Indifi Comparisons
Peer comparison for Indifi
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Competitors of Indifi
Indifi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FlexiLoans, Funding Societies, Bizongo, Lendingkart and Yubi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business loans and financial products for MSMEs are provided.
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Business loans are provided via a P2P marketplace platform.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Provider of unsecured business loans and working capital financing to MSMEs
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Business loans are facilitated through an online debt marketplace.
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Software solutions are provided for e-commerce and D2C brands.
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Detailed competitors of Indifi
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Latest news on Indifi
Complete news archive for Indifi
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Frequently Asked Questions about Indifi
Indifi was founded in 2015.
Indifi is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Alok Mittal is the current CEO of Indifi. They have also founded this company.
Indifi is a funded company, having raised a total of $90.76M across 8 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Indifi is 876.
Annual revenue of Indifi is $25.62M as on Mar 31, 2023.
Indifi was established in 2015 in Gurugram, India, to deliver online business loans and credit solutions for MSMEs. Unsecured loans, revolving credit lines, and merchant advances are extended to sectors including retail, hospitality, and e-commerce. Borrowers are linked to multiple lenders through a digital platform, which supports quick approvals and reduced documentation requirements.
Indifi's top competitors include Funding Societies, FlexiLoans and Yubi.
Indifi has 29 investors. Key investors include Northern Arc Capital, Vivriti Capital, IndusInd Bank, Accel, and SIDBI.
The valuation of Indifi is $156.88M as of Jun 2023.