Indifi raises $35M to expand digital lending to more small businesses

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank.
Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in the all-equity Series E round for the eight-year-old startup.
India is home to 63 million micro, small and medium-sized businesses. These enterprises form the economic backbone of the nation, contributing over 30% to the count

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