
Indifi
Stage
AcquiredTotal Raised
$129.04MInvestors Count
22Deal Terms
1Portfolio Exits
1Investments
2Funding, Valuation & Revenue
10 Fundings
Indifi has raised $129.04M over 10 rounds.
Indifi's latest funding round was a Series E for $35M on June 13, 2023.
Indifi's 2021 revenue was $14.2M. Indifi's most recent revenue is from 2021.
Sign up for a free demo to see revenue data from 2023, 2021 and more.
Date | Round | Amount | Investors | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Revenue | Sources |
|---|---|---|---|---|---|---|
6/13/2023 | Series E | $35M | ICICI Venture, British International Investment, CX Partners, Finnish Fund for Industrial Cooperation, Flourish Ventures, Omidyar Network India, and Undisclosed Investors | 4 | ||
11/23/2021 | Series D | $19M | $14.2M FY 2021 | 4 | ||
11/23/2021 | Debt - II | $22M | 4 | |||
11/23/2021 | Grant | |||||
8/27/2021 | Bridge |
Date | 6/13/2023 | 11/23/2021 | 11/23/2021 | 11/23/2021 | 8/27/2021 |
|---|---|---|---|---|---|
Round | Series E | Series D | Debt - II | Grant | Bridge |
Amount | $35M | $19M | $22M | ||
Investors | ICICI Venture, British International Investment, CX Partners, Finnish Fund for Industrial Cooperation, Flourish Ventures, Omidyar Network India, and Undisclosed Investors | ||||
Valuation | |||||
Revenue | $14.2M FY 2021 | ||||
Sources | 4 | 4 | 4 |
Indifi Deal Terms
1 Deal Term
Indifi's deal structure is available for 1 funding round, including their Series B from December 07, 2016.
Round | Series B |
|---|---|
Funding Date | |
Pre-Money Valuation | |
Post-Money Valuation | |
Amount Raised | |
Shares Authorized | |
Issuance Price | |
Dividend Rate | |
Liquidation Preferences | |
Liquidation Price | |
Participation | |
Conversion Price | |
Anti Dilution | |
General Voting | |
Board Voting | |
Par Value |
Round | Funding Date | Pre-Money Valuation | Post-Money Valuation | Amount Raised | Shares Authorized | Issuance Price | Dividend Rate | Liquidation Preferences | Liquidation Price | Participation | Conversion Price | Anti Dilution | General Voting | Board Voting | Par Value |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Series B |
Indifi Investors
22 Investors
Indifi has 22 investors. Flourish Ventures invested in Indifi's Series E funding round.
First funding | Last Funding | Investor | Rounds | Board Seats | Type | Location |
|---|---|---|---|---|---|---|
7/26/2019 | 6/13/2023 | 3 Series C, Series D (2021), Series E (2023) | Venture Capital | California | ||
7/26/2019 | 6/13/2023 | 3 Series C, Series D (2021), Series E (2023) | Public-Private Partnership | United Kingdom | ||
11/23/2021 | 6/13/2023 | 2 Series D, Series E (2023) | Private Equity | India | ||
Debt & Specialty Finance | Finland | |||||
Venture Capital | California |
First funding | 7/26/2019 | 7/26/2019 | 11/23/2021 | ||
|---|---|---|---|---|---|
Last Funding | 6/13/2023 | 6/13/2023 | 6/13/2023 | ||
Investor | |||||
Rounds | 3 Series C, Series D (2021), Series E (2023) | 3 Series C, Series D (2021), Series E (2023) | 2 Series D, Series E (2023) | ||
Board Seats | |||||
Type | Venture Capital | Public-Private Partnership | Private Equity | Debt & Specialty Finance | Venture Capital |
Location | California | United Kingdom | India | Finland | California |
Indifi Investments
2 Investments
Indifi has made 2 investments. Their latest investment was in Tagz as part of their Seed VC - IV on May 11, 2023.
Indifi Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/11/2023 | Seed VC - IV | Tagz | $2M | Yes | 5 | |
12/20/2022 | Corporate Minority |
Date | 5/11/2023 | 12/20/2022 |
|---|---|---|
Round | Seed VC - IV | Corporate Minority |
Company | Tagz | |
Amount | $2M | |
New? | Yes | |
Co-Investors | ||
Sources | 5 |
Indifi Portfolio Exits
1 Portfolio Exit
Indifi has 1 portfolio exit. Their latest portfolio exit was Tagz on November 13, 2024.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/13/2024 | Acquired | 3 |
Date | 11/13/2024 |
|---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 3 |
Compare Indifi to Competitors

FlexiLoans is a financial technology company that provides business loans and financing solutions for small and medium-sized enterprises (SMEs). The company offers products including term loans, loans against POS systems, and vendor financing. FlexiLoans serves the small business and microfinance sectors with unsecured and collateral-free loan products. It was founded in 2016 and is based in Mumbai, India.
Prayaan Capital operates as a non-banking financial company that provides small business loans and financial services to the MSME sector. The company offers long-term secured loans for capital investments and short-term unsecured loans for working capital needs. It was founded in 2018 and is based in Chennai, India.

Veritas Finance is a non-banking financial company (NBFC) focused on providing financial services to micro, small, and medium enterprises (MSMEs) in India. The company offers MSME-rural loans, MSME-urban loans, and home construction loans, serving segments of the economy that may have limited access to credit. Veritas Finance primarily serves the self-employed and small business segments within the informal sector. It was founded in 2015 and is based in Chennai, India.

Jai Kisan provides financial solutions and services in the rural lending sector. The company offers loans to farmers for agricultural needs, facilitates retailer payments, and provides working capital financing for MSMEs and corporates. Jai Kisan's services address the financial needs of rural individuals and businesses. It was founded in 2017 and is based in Mumbai, India.

ftcash is a financial technology company that provides mobile payment solutions for micro-merchants and small businesses. The company offers services that facilitate offline payment transactions by aggregating payment methods such as credit cards, debit cards, and mobile wallets under a single platform. ftcash serves micro-merchants, small businesses, and retail chains with its digital payment and financial inclusion services. It was founded in 2015 and is based in Mumbai, India.
Red Fort Capital provides an investment platform for institutional investors. Its financing vehicles include private equity funds, Red Fort Principal Investing Group, and a Non-Bank Finance Company (NBFC) in India. NBFC provides Business Credit with a quick turnaround time. The company was founded in 2005 and is based in Mumbai, India.
Loading...

