When was Mynd Fintech founded?

Mynd Fintech was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Where is Mynd Fintech located?

Mynd Fintech is headquartered in Gurugram, India. It is registered at F-83EAST OF KAILASH, NEW DELHI, Delhi, India, 110065.

Which legal entities is Mynd Fintech associated with?

Mynd Fintech is associated with MYND FINTECH PRIVATE LIMITED and 1 other.

How many employees does Mynd Fintech have?

As of Jul 01, 2024, the latest employee count at Mynd Fintech is 7.

Is Mynd Fintech a funded company?

Mynd Fintech is a funded company, having raised a total of $16.3M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 11, 2015.

How much is Mynd Fintech worth?

The latest valuation of Mynd Fintech is $***** as of Mar 19, 2021.

When was the latest funding round of Mynd Fintech?

Mynd Fintech's latest funding was a $***** Series A round on Dec 11, 2020, with participation from 3 investors. Its primary sector is Alternative Lending. In India, the Alternative Lending sector has seen $636M in funding in 2026 to date.

What is the annual revenue of Mynd Fintech?

Annual revenue of Mynd Fintech is ₹105Cr as on Mar 31, 2025.

Where does Mynd Fintech rank among its competitors?

Mynd Fintech ranks 10th amongst 47 active competitors, of which 16 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Vayana, which secured $2.71M in Jun, 2025.

Who are the top competitors of Mynd Fintech?

Mynd Fintech's top competitors include Mintifi, Vayana and CredAble. Among them, Vayana secured the most recent funding round in June, 2025.

Mynd Fintech - 2026 Company Profile, Team, Funding, Competitors & Financials

Mynd Fintech is a series A company based in Gurugram (India), founded in 2002. It operates as an Online marketplace for supply chain financing. Mynd Fintech has raised $16.3M in funding from Mayfield and SIDBI Venture Capital, with a current valuation of $*****. The company has 47 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like Mintifi, Vayana and CredAble.

Company Details

Online marketplace for supply chain financing. It offers a platform that connects buyers, sellers, and lenders offering multiple loan products for trade finance. It provides invoice financing for vendors, invoice factoring for corporates and vendors, purchase order financing, and more. It also offers mGlobalTrade a B2B marketplace connecting buyers, wholesalers, suppliers, and manufacturers enabling cross-border trading.

Website: myndfin.com
Registered Address: F-83EAST OF KAILASH, NEW DELHI, Delhi, India, 110065

Key Metrics

Founded Year

2002

Location

Gurugram, India

Stage

Series A

Total Funding

$16.3M in 4 rounds

Latest Funding Round

Series A, Dec 11, 2020, $*****

Post Money Valuation

$***** as on Mar 19, 2021

Investors

Mayfield & 4 more

Ranked

10^th among 47 active competitors

Annual Revenue

₹105Cr as on Mar 31, 2025

Employee Count

7 as on Jul 01, 2024

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View Mynd Fintech's full profile

Mynd Fintech is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MYND FINTECH PRIVATE LIMITED CIN: U72900DL2021PTC375715 , India, Active	Jan 14, 2021	$587K (As on Mar 31, 2025)	23 (As on Dec 31, 2024)
Mynd Solutions Private Limited CIN: U74140DL2002PTC114073 , India, Active	Feb 01, 2002	$12.4M (As on Mar 31, 2025)	437 (As on Feb 01, 2026)

Mynd Fintech has raised a total funding of $16.3M over 4 rounds. Its first funding round was on Mar 11, 2015. Its latest funding round was a Series A round on Dec 11, 2020 for $*****. 3 investors participated in its latest round. Mynd Fintech has 5 institutional investors.

Here is the list of recent funding rounds of Mynd Fintech:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2020	7304793	Series A	1024056	2773997	7695602	4867903
Jan 25, 2019	9464261	Series A	1096838	1700671	1026290	SIDBI Venture Capital
Nov 17, 2015	7836485	Seed	7245621	3329711	SIDBI Venture Capital	6069810

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Mynd Fintech's employee count trend

Mynd Fintech has 7 employees as of Jul 24. Here is Mynd Fintech's employee count trend over the years:

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Top competitors of Mynd Fintech include Mintifi, Vayana and CredAble. Here is the list of Top 10 competitors of Mynd Fintech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mintifi 2017, Mumbai (India), Series E	Provider of supply chain financing solutions for small and medium enterprises	$270M	IFC, Ontario Teachers' Pension Plan & 8 others	65/100
2nd	Vayana 2009, Pune (India), Series D	Provider of a platform facilitating trade credit and supply chain finance	$91.9M	Jungle Ventures, Trifecta Capital & 27 others	64/100
3rd	CredAble 2017, Mumbai (India), Series B	Provider of working capital solutions and supply chain finance programs	$62M	OAKS, Axis Bank & 115 others	60/100
4th	M1xchange 2017, Gurugram (India), Unfunded	Operator of a digital platform for discounting trade receivables for businesses	-	-	59/100
5th	KredX 2015, Bengaluru (India), Series B	Provider of supply chain finance and automation solutions for enterprises	$33M	Tiger Global Management, Peak XV Partners ... & 1 others	59/100
6th	C2FO 2008, Leawood (United States), Series E	Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors	$568M	Temasek, Mithril & 20 others	58/100
7th	Veefin 2020, Mumbai (India), Public	Provider of supply chain finance technology and digital lending solutions	$3M	GTR Ventures & 6 others	56/100
8th	BillMart 2021, Mumbai (India), Seed	Provider of digital bill discounting and trade finance solutions for MSMEs and corporates	$1.33M	Spacenet Enterprises, 9anium Tech	52/100
9th	Invoicemart 2016, Thane (India), Unfunded	Developer of an online factoring and reverse-factoring platform	-	-	48/100
10th	Mynd Fintech 2002, Gurugram (India), Series A	Online marketplace for supply chain financing	$16.3M	Amazon, SIDBI Venture Capital & 3 others	46/100

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Founders (largest shareholder) own 53.33%, Funds own 42.59% and ESOP Pool own 4.07%. The net worth of Mynd Fintech's founders is INR 207Cr as of Mar 19, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.33%	207Cr	4409041	8346213	5560920	2234755
Fund	42.59%	165Cr	5296519	8801680	6678439	2921822
SIDBI Venture Capital	6021304	5566545	2917164	4132888	2629607	7512459
Mayfield	8940196	3122934	3563292	1155222	2118345	1470825
Beenext	2143952	5849437	3623225	1591774	2361215	6837568
ESOP Pool	4.07%	15.8Cr	1736	1625	1064	4078
Total	99.99%	387Cr	6237915	3079217	4616857	9007483