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India is the world’s fastest-growing major economy. Micro, small, and medium enterprises (MSMEs) are the backbone of its economy. They contribute a third of the gross value added (GVA), 40 percent to exports, and provide a livelihood to millions.
Indifi Technologies raises Series E funding of $35 million
Indifi Technologies, a digital technology platforms for lending to the MSME sector, today announced that it has successfully raised Rs 290 crores in its Series E funding round. Funds managed and advised by ICICI Venture led the round along with participation from existing investors including British International Investment, OP Finnfund Global Impact Fund I and CX Partners.
Indifi Technologies raises $35 million in Series E round led by ICICI Ventures
Indifi Technologies, a lending platform focussed on the micro, small and medium (MSME) sector, said on June 13 that it raised $35 million in its Series E funding round. The round also saw participation from existing investors including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners.
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