Mintifi - About the company
Mintifi is a series E company based in Mumbai (India), founded in 2017 by Ankit Mehta. It operates as a Provider of inventory financing and working capital solutions for small and medium enterprises. Mintifi has raised $270M in funding from investors like IFC, Ontario Teachers' Pension Plan and Lok Capital, with a current valuation of $*****. The company has 831 active competitors, including 80 funded and 94 that have exited. Its top competitors include companies like Taulia, Myos and eCapital.
Company Details
Provider of inventory financing and working capital solutions for small and medium enterprises. The company offers smart term loans and business financing options to help businesses manage supply chain payments, streamline invoice reconciliations, and optimize order-to-cash cycles. Through an integrated platform, it provides tools for managing working capital, facilitating seamless invoice settlements, and supporting distribution networks with flexible repayment options.
- Website
- mintifi.com
- Social
- Email ID
- *****@mintifi.com, *****@mintifi.com
- Phone Number
- +91 **********
- Registered Address
- Unit No. 3B, 2nd Floor, Times Square Andheri Kurla Road, Marol, Andheri (East, ), Mumbai City, Mumbai, Maharashtra, India, 400059
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Series E
Total Funding
$270M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 10, 2024
Ranked
1st among 831 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
2,123 as on May 31, 2026
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Legal entities associated with Mintifi
Mintifi is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MINTIFI FINSERVE PRIVATE LIMITED CIN: U65990MH2018PTC304289 , India, Active | Jan 17, 2018 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 2091 (As on May 01, 2026) | |
MINTIFI PRIVATE LIMITED CIN: U74999MH2017PTC289428 , India, Active | Jan 10, 2017 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 32 (As on May 31, 2026) |
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Mintifi's funding and investors
Mintifi has raised a total funding of $270M over 6 rounds. Its first funding round was on Sep 29, 2017. Its latest funding round was a Series E round on Nov 15, 2024 for $*****. 3 investors participated in its latest round. Mintifi has 8 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Mintifi:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 15, 2024 | 7972363 | Series E | 9361512 | 4391902 | 8186759 | 6654268 |
Mar 08, 2023 | 7512172 | Series D | 2366908 | 5610668 | 2673860 | |
Feb 08, 2022 | 4770943 | Series C | 6117509 | 6110385 | 2935512 |
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Mintifi's founders and board of directors
Founder? Claim ProfileThe founders of Mintifi is Ankit Mehta. Anup Vijaykumar Agarwal is the CEO of Mintifi.
Here are the details of Mintifi's key team members:
- Ankit Mehta: Co-Founder of Mintifi and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Mintifi's Board of Directors
Mintifi's board has 3 active members. Ankit Mehta, Mridul Arora and Priyamvada Ramkumar are part of team.Here is the list of Mintifi's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 1m | |
Investor | Elevation Capital | Current | 4y 8m | |
Investor | Lok Capital | Current | 5y 6m |
View details of Mintifi's Founder profiles and Board Members
Mintifi's employee count trend
Mintifi has 2,123 employees as of May 26. The total employee count is 40.0% more than what it was in May 25. Here is Mintifi's employee count trend over the years:
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Mintifi's Competitors and alternates
Top competitors of Mintifi include Taulia, Myos and eCapital. Here is the list of Top 10 competitors of Mintifi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of inventory financing and working capital solutions for small and medium enterprises | $270M | 74/100 | ||
2nd |  Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 69/100 | |
3rd | Online platform for trade finance | $41.1M | 65/100 | ||
4th | eCapital 2006, Miami (United States), Acquired | Provider of asset-based, supply chain, and invoice financing solutions | $81.9M | 65/100 | |
5th |  Mynd Fintech 2002, Gurugram (India), Series A | Online marketplace for supply chain financing | $16.3M | 65/100 | |
6th |  Twinco Capital 2016, Alcobendas (Spain), Series B | Provider of supply chain finance solutions including purchase order funding | $36M | 60/100 | |
7th | Provider of supply chain finance technology and digital lending solutions | $3M | 59/100 | ||
8th | Provider of working capital solutions and supply chain finance programs | $49.2M | 59/100 | ||
9th | Provider of digital trade finance platform connecting businesses with investors | $30M | 59/100 | ||
10th |  Gromor Finance 2016, Mumbai (India), Seed | Provider of financial solutions for small businesses and entrepreneurs | $970K | - | 57/100 |
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Mintifi's Investments and acquisitions
Mintifi has made no investments or acquisitions yet.
Reports related to Mintifi
Here is the latest report on Mintifi's sector:
News related to Mintifi
Filter this listMedia has covered Mintifi for 1 event in last 1 year.
•
Mintifi Reports Increased Profitability, Decreased Profit Margins for FY26VCCircle•Sep 15, 2026•Mintifi
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India’s Startup Funding Rebounds; Will the Recovery Last in 2025Fortune India•Mar 28, 2025•Mintifi, Premji Invest, Warburg Pincus, SoftBank Vision Fund and 11 others
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India's fintech funding drops 33% in 2024Fortune India•Jan 13, 2025•Moneyview, Perfios, Niva Bupa, C2C Advanced Systems and 28 others
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VCs betting on NBFCs for stable investmentsFinancial Express•Jan 13, 2025•Jungle Ventures, Infinity Fincorp Solutions, Inflection Point Ventures, LoanKuber and 6 others
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Mintifi raises $180 mn in Series E from TVG, Prosus, and Premji InvestBusiness Standard•Dec 10, 2024•Mintifi, Premji Invest, Prosus, Ontario Teachers' Pension Plan and 1 other
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Prosus In Talks To Lead $50 Mn Funding In Fintech Startup JarInc42•Dec 10, 2024•Prosus, Mintifi, Ontario Teachers' Pension Plan
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Prosus invests $100 million in Vastu Housing Finance, acquires minority stakeMoneycontrol•Dec 02, 2024•Vastu Housing Finance, Prosus, Mintifi, Norwest Venture Partners and 7 others
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Prosus offers to invest $100 million in Mintifi Finserve at unicorn valuationMint•Nov 13, 2024•Prosus, Mintifi
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Bain, Advent discuss $100-mn round in Mintifi as loan book jumpsThe Arc•Sep 02, 2024•Bain Capital, Advent International, Mintifi, Ontario Teachers' Pension Plan and 1 other
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