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MINTIFI PRIVATE LIMITED

Mintifi

U74999MH2017PTC289428

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees258
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹2,867.37 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Mintifi
SMEs are the future and form the backbone of every industry. As a corporate, one is heavily reliant on their supply chain consisting of SMEs (whether stockists, distributors, dealers or retailers) to further their growth. However, with crores of rupees stuck in unpaid invoices and receivables every month, corporates often are unable to fully optimize their potential to grow. Unlock this potential with Mintifi’s Advanced Receivables Management Suite that will not only enable you to monetize your receivables instantly, but also provide an array of solutions right from invoicing to collections and risk management to recon! Catering to 250+ cities pan-India, Mintifi is your trusted channel finance partner to scale your business to newer heights while solving for your supply chain’s working capital woes. Founded in 2017, Mintifi has already created a stir in the market by bringing automation to the forefront in an otherwise traditional and largely manual lending space. Mintifi is backed by investors including International Finance Corporation (an arm of the World Bank), Lok Capital and Growth Catalyst Partners.
Business Model

Business-to-business (B2B) supply chain financing platform Mintifi caterers to the last mile distribution network. It offers payments solutions, invoicing and customized financing solutions to small and medium enterprises (SMEs) across industries. Its services have been used by Tata Motors, Bridgestone Tyres, Berger Paints, Polycab, NIVEA, among others.

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ArtfineU65990MH2020PTC348007
Mintifi Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹2,867.37 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors5
Investors
  • Norwest Venture Partners, Elevation Capital, IFC, Lok Capital, Premji Invest
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Mintifi Financial Details
Financial Highlights
FY 2023-24 Revenue₹401.48 Cr
FY 2023-24 Expenses₹276.69 Cr
FY 2023-24 Profit/Loss₹92.54 Cr
Net Cash Flow From Operations-₹688.69 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Mintifi Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

AA
Anup AgarwalCo-Founder & CEO
SS
Sanjay ShomeCo-Founder
AM
Ankit MehtaCo-Founder

Board Members/Directors

AA
Anup AgarwalDirector
AM
Ankit MehtaWholetime Director
MA
Mridul AroraNominee Director
PR
Priyamvada RamkumarDirector
Mintifi Documents

AY - 2018-19

Profit and Loss statement - Mintifi - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Mintifi - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Mintifi - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Mintifi - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Mintifi - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Mintifi - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Mintifi - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Mintifi - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Mintifi - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Mintifi - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Mintifi - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Mintifi for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Mintifi - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Mintifi for FY 2023-24
₹249.00 ₹498.00

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