Indifi Technologies Private Limited
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Indifi Technologies Private Limited - overview
Established
2015
Location
Gurgaon, Haryana, India
Primary Industry
Financial Services
About
Indifi Technologies Pvt. Ltd. is an Indian financial technology firm that provides tailored financial solutions for small and medium enterprises, enabling them to access necessary capital through innovative lending products. Co-Founded by Alok Mittal and Siddharth Mahanot in 2015 in Gurgaon, India, Indifi Technologies Pvt.
Ltd. specializes in offering financial products like unsecured business loans and credit lines to assist small businesses. In March 2026, Indifi Technologies Private Limited raised INR 400 million in venture debt funding from new investor Blacksoil. Sangram Singh is the CEO of the firm.
Indifi Technologies Pvt. Ltd. provides financial products aimed at supporting small businesses across sectors such as hospitality, retail, e-commerce, and trading. Their offerings include unsecured business loans, revolving lines of credit, and invoice discounting solutions, all designed to help entrepreneurs manage cash flow and invest in growth without requiring collateral.
The firm primarily serves small and medium enterprises (SMEs) in India, providing accessible financing to overcome capital acquisition challenges. The company will use the March 2026 funding to enhance its platform and expand its market reach.
Current Investors
Accel, Elevar Equity, Omidyar Network
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial, Internet, Accounting/Finance Software
Website
www.indifi.com/
Verticals
FinTech, Mobile Apps
Company Stage
Series E
Total Amount Raised
Subscriber access only
Indifi Technologies Private Limited - timeline of key events

Indifi Technologies Private Limited - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,208,426 | 13,537,334 | 64,467,636 | 241,952,123 | 546,102,679 | 578,956,611 | - | - | - |
| % Revenue Growth (YoY) | - | 513.0% | 376.2% | 275.3% | 125.7% | 6.0% | - | - | - |
| EBITDA (USD) | (25,360,648.2) | (69,510,904) | (137,718,900) | (149,260,234) | (136,712,963) | (174,774,359) | - | - | - |
| Operating Income (USD) | (25,506,801.2) | (70,285,498) | (140,281,707) | (154,083,520) | (143,930,493) | (181,801,907) | - | - | - |
| Operating Margin | (1155.0%) | (519.2%) | (217.6%) | (63.7%) | (26.4%) | (31.4%) | - | - | - |
| % EBITDA Margin | (1148.4%) | (513.5%) | (213.6%) | (61.7%) | (25.0%) | (30.2%) | - | - | - |
| NET Income (USD) | (23,866,475.2) | (71,520,827) | (154,231,750) | (214,451,739) | (322,061,454) | (366,854,032) | - | - | - |
| % Net Margin | (1080.7%) | (528.3%) | (239.2%) | (88.6%) | (59.0%) | (63.4%) | - | - | - |
Indifi Technologies Private Limited - employee data


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