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B2B online lender Indifi bags INR 53 Cr in fresh round of funding

Shortpedia
Content Team
Image Credit: indifi

Online lending platform Indifi is raising INR 53 Cr ($7.3 Mn) in a fresh round of funding. As per the filings accessed by Inc42, Indifi will be allotting 35,61,830 compulsory convertible preference shares (CCPS) to its existing equity shareholders. The startup is calling it a Series D1 round, arguably a bridge round before it goes on to raise Series D round.


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