Indifi is a leading online lending platform providing online business loans in India to small businesses including Travel, Retail and Restaurant.
Indifi's technology platform gathers and analyses data of businesses from various sources and draws insights to judge their credit worthiness, their past and current performance in context of the industry they are operating in.
Inndifi was founded in 2015 by Alok Mittal, Siddharth Mahanot, & Sundeep Sahi and is based in Gurgaon, Haryana, India.
Indifi is committed to making access to credit simple and timely for businesses that can‘t wait to grow.
Indifi takes the relevant applications to multiple lenders, increasing the chances to secure a loan and creates choice for lenders to pick the ones they wish to back.
Indifi seeks to improve access to SMB financing in India, by providing small businesses access to multiple lenders. It substantially improves the experience that borrowers get in terms of speed of approval and disbursement, convenience of the loan process, relevance of the loan product to their business needs, and finding the best rates in the market. Indifi does so by data collection and analysis from disparate data sources, thereby minimizing the need for physical data collection. Indifi's platform also streamlines the loan approval process with lenders.
Indifi is backed by investors including Accel, CDC Group, Omidyar Network, & Elevar Equity among others. The company raised $21.3M in it's latest funding of a "Series C" round on Jul 26, 2019. This brings Indifi's total funding to $31.3M to-date.