- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0066168

About Indifi Technologies Private Limited
Data last updated:
Indifi Technologies Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74140HR2015PTC055588. Its GSTIN is 06AANCA4785E1ZH (Haryana).
The company has an authorised share capital of ₹131.03 Cr and a paid-up capital of ₹109.94 Cr. It was formerly known as Arthwin Technologies Private Limited. It is led by directors including Alok Mittal (Managing Director) and Sangram Singh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot – 19 Ground Floor Block C Sewa Tower Sector – 18 Phase – 4 Udyog Vihar Gurugram Haryana – 122015 India, Gurgaon, Haryana, India – 122015.
As per the financials filed for FY 2026, the company reported a revenue of ₹113.44 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.16 Cr (net margin 4.6%) and EBITDA of ₹167.64 Cr (EBITDA margin 147.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 42% over five years.
The company has about 876 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Indifi. As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹98.6 Cr on record. Court records list 400 cases involving the company, including 375 filed by the company and 25 filed against it; 319 cases are pending. The company has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹750.97 Cr; the latest was in March 2026. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 11 micro and small suppliers.
Indifi Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0066168). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indifi.com.
Company details
Recognitions & Rankings of Indifi Technologies
Contact details
Indifi Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is indifi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot – 19 Ground Floor Block C Sewa Tower Sector – 18 Phase – 4 Udyog Vihar Gurugram Haryana – 122015 India, Gurgaon, Haryana, India – 122015
- IndustryInternet, Online Financial Services
To see the full contact details of Indifi Technologies Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Indifi Technologies operates one associated brand: Indifi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online business loans and credit solutions for MSMEs are provided. | indifi.com |
Business activity
The main business activity of Indifi Technologies is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Indifi Technologies Private Limited, buy the company report.
Financials of Indifi Technologies Private Limited
FY 2026 filings availableIndifi Technologies Private Limited reported revenue of ₹113.44 Cr (up 3% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 3% growth in the latest year. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹113.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹167.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.16 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 147.8% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indifi Technologies Private Limited, buy the company report.
Board of directors of Indifi Technologies Private Limited
Indifi Technologies has 11 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Marian Farias Also directs: Elevar Venture Partners LLP, Impactius Venture Partners LLP, Trellis Venture Partners LLP and 5 more | Nominee Director | 28 Sep 2015 | 11 Years 1 Months | Current |
| Mahendran Balachandran Also directs: Erasmic Investment Advisors LLP, Accel Partners India LLP, Accel India Advisors LLP and 5 more | Nominee Director | 28 Sep 2015 | 11 Years 1 Months | Current |
| Badri Pillapakkam Bahukutumbi Also directs: Pranaventures Manager LLP, Indifi Capital Private Limited, Nasadiya Technologies Private Limited and 3 more | Nominee Director | 25 Apr 2019 | 7 Years 6 Months | Current |
| Tabassum Abdulla Inamdar | Director | 19 May 2022 | 4 Years 5 Months | Current |
| Alok Mittal Also directs: Indifi Capital Private Limited, CLT Research LLP, Intellifi Technologies Private Limited and 3 more | Managing Director | 27 May 2015 | 11 Years 5 Months | Current |
| Siddharth Mahanot | Director | 01 Oct 2024 | 2 Years 1 Months | Current |
Auditor
Indifi Technologies Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2026 | 101049W/E300004 |
Shareholding
The shareholding of Indifi Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indifi Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100903840 | Others | ₹15 Cr | Open | |
| 19 Feb 2024 | 100881230 | City Union Bank Limited | ₹15 Cr | Open | |
| 25 Feb 2018 | 100180564 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 29 Aug 2023 | 100781252 | Others | ₹25 Cr | Satisfied | |
| 30 May 2023 | 100734025 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Indifi Technologies Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Indifi Technologies Private Limited has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹750.97 Cr; the latest was in March 2026.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Debt financing | ₹40 Cr | Investors: Blacksoil Group |
| Jun 2023 | Funding round · Series E | ₹290.5 Cr | Investors: Icici Venture, Finnfund, British International Investment (CDC Group) |
| Apr 2022 | Funding round | ₹32.1 Cr | Investors: 2 individuals |
| Dec 2021 | Funding round · Series D | ₹89.26 Cr | Investors: Sage Private Limited , Finnfund, CX Partners |
| Jul 2019 | Funding round · Series C | ₹145 Cr | Investors: British International Investment (CDC Group), Accel India, Omidyar Network |
To see the full deal history of Indifi Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indifi Technologies Private Limited has 400 court cases on record: 375 filed by Indifi Technologies, 25 filed against it. 319 cases are pending and 81 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 395 | 21 | 318 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 400)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Seacale Eenterprise LLP and Ors | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Seokjin Hospitality Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Karmic Fashions Private Limited and 2 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Nirvaan Gems LLP and 2 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Lifemediline Care Private Limited and 2 others | Pending |
To see the full case history of Indifi Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Indifi Technologies Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vitrak Fintech Private Limited | |||
| Ruloans Distribution Services Private Limited | |||
| Awign Enterprises Private Limited | |||
| Astute Corporate Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Indifi Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indifi Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indifi Capital Private Limited | U65923HR1980PTC069400 |
To see the full group structure of Indifi Technologies Private Limited, buy the company report.
Employees & EPFO
Indifi Technologies Private Limited has a workforce of 876 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Indifi Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AANCA4785E1ZH | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indifi Technologies Private Limited, buy the company report.
Recent activity
Indifi Technologies Private Limited has 26 board changes on record since 2015: 11 appointments and 15 cessations. The latest: Arunprakash Srinivasarao Korati was appointed as Nominee Director on 14 Jul 2025.
38 earlier events are in the company report.
News
Frequently asked questions
Indifi Technologies is an active private limited company based in Gurgaon, Haryana, India. The company works in online financial services, within the internet industry. It was incorporated on 27 May 2015 (11+ years old) and is registered under CIN U74140HR2015PTC055588.
Indifi Technologies has 11 current directors:
- Alok Mittal - Managing Director
- Sangram Singh - Whole-Time Director
- Sandeep Marian Farias - Nominee Director
- Mahendran Balachandran - Nominee Director
- Badri Pillapakkam Bahukutumbi - Nominee Director
- Tabassum Abdulla Inamdar - Director
- Siddharth Mahanot - Director
- Arunprakash Srinivasarao Korati - Nominee Director
- Vikramaditya Singh Khichi - Director
- Vinay Baijal - Director
- Nikhil Mohta - Nominee Director
The latest financial statements of Indifi Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 September 2026. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Indifi Technologies is 06AANCA4785E1ZH, registered in Haryana.
The CIN (Corporate Identification Number) of Indifi Technologies is U74140HR2015PTC055588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indifi Technologies has 400 court cases on record: 375 filed by the company and 25 filed against it. 319 are pending. Most are in the district courts.
Indifi Technologies was incorporated on 27 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
Indifi Technologies has 12 deals on record (7 funding rounds, 4 secondary share transfers, 1 debt financing), with disclosed funding of ₹750.97 Cr; the latest was in March 2026.
Arunprakash Srinivasarao Korati was appointed as Nominee Director on 14 Jul 2025. Priyanka Seth Wadhera ceased to be CFO on 30 Apr 2025. Siddharth Mahanot was appointed as Director on 01 Oct 2024. Indifi Technologies has 26 board changes on record in total.
Yes, Indifi Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0066168).
Indifi Technologies has 3 MSME Form 1 returns on record between 2019 and 2020, listing 18 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2020.

