Bottomline: PE-backed Indifi’s AUM rises but asset quality worries weigh

By Nitesh Kumar

  • 05 Aug 2024
Premium
(L-R): Alok Mittal and Siddharth Mahanot, co-founders of Indifi Technologies

Fintech lender Indifi, which counts private equity firm ICICI Venture and venture capital firm Accel as investors, grew its loan book during the year through March 2024 but rising costs and asset quality concerns weighed on its profitability.  The Indifi group, which comprises the tech platform Indifi Technologies Pvt Ltd and ......

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