Mintifi raises $180 mn in Series E from TVG, Prosus, and Premji Invest

Business and Finance Business and Finance

Tue, December 10, 2024

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Mintifi raises $180 mn in Series E from TVG, Prosus, and Premji Invest

^{Published on 2024-12-10 08:40:46 - Business Standard}

The company works with over 300 brands in India, including Asian Paints, Varun Beverages, Parle Products, Honda, and Shree Cement, among others

Mintifi, a B2B platform focused on supply chain financing, has successfully raised $180 million in its Series E funding round. The investment was led by TVG, with participation from existing investors like Norwest Venture Partners, Elevation Capital, and new investors such as Prosus Ventures and the Premji Invest. This funding round, which included both primary and secondary components, values Mintifi at $350 million. The capital will be used to enhance Mintifi's technology platform, expand its product offerings, and increase its market presence both in India and internationally. Mintifi aims to leverage this investment to further its mission of simplifying and digitizing supply chain finance for businesses.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/companies/start-ups/mintifi-raises-180-mn-in-series-e-from-tvg-prosus-and-premji-invest-124121001011_1.html ]

N@N

Mintifi raises $180 mn in Series E from TVG, Prosus, and Premji Invest