Mintifi Secures INR 100 Crores in Funding to Revolutionize SME Financing and Supply Chain Management

Mintifi, a leading provider of innovative receivables management solutions, is thrilled to announce that it has successfully raised $100 million in its latest funding round. This significant investment underscores the growing recognition of the pivotal role that Small and Medium-sized Enterprises (SMEs) play in driving the economy. With SMEs representing the backbone of various industries, Mintifi is dedicated to addressing the pressing challenge of cash flow inefficiencies faced by corporates, which often have crores of rupees tied up in unpaid invoices. The funds will fuel the expansion of Mintifi’s Advanced Receivables Management Suite, allowing the company to enhance its services and further streamline the monetization of receivables for businesses across India. By offering a comprehensive suite of solutions—from invoicing to collections, risk management, and reconciliation—Mintifi empowers corporates to unlock their growth potential and optimize their supply chains. Catering to over 250 cities nationwide, Mintifi not only serves as a trusted finance partner but also facilitates access to new customer segments in tier 2 and 3 markets, ensuring businesses can thrive in today's competitive landscape. Founded in 2017, Mintifi has already disrupted the traditional lending space with its automation-driven approach, gaining backing from notable investors, including the International Finance Corporation (IFC), Lok Capital, and Growth Catalyst Partners. As Mintifi embarks on this new chapter of growth, it remains committed to revolutionizing supply chain finance and helping businesses scale new heights. For more information on how Mintifi can transform your accounts receivables management, visit www.mintifi.com.