Exclusive: Indifi set to raise over $8 Mn led by ICICI Venture

Indifi is raising Rs 79 crore ($8.3 million) in its first funding round in three years, led by ICICI Venture.

The round includes participation from British International Investment (BII), Accel India, and Parul Alok Mittal.

The company will be valued at Rs 1,418 crore, flat from its Series E round.

Indifi provides technology-driven unsecured business loans to SMEs, having disbursed over 1.5 lakh loans across 400+ cities.

In FY25, Indifi's operating revenue grew 22.4% to Rs 360 crore, while losses widened 64% to Rs 45.04 crore.