Company watch: CDC-backed Indifi’s revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss expanded at a far slower pace, although write-offs related to bad debts surged. Net sales for 2018-19 rose to Rs 24.2 crore as the company ramped up lending to small and medium ......