Credit Risk Officer

at  indifi technologies private limited

With a 350 BUSD debt financing Gap, in India’s MSME segment, Indifi brings in a technology platform which will aggregate the lenders and identify the needs and work with partners to fulfill to enable the small businesses to have greater access to low-cost debt. Apart from being a market place for lenders and SME borrowers, Indifi also provides finance to SMEs that have not been able to fulfill their financial needs. Indifi currently provides loans in the range of Rs. 1 to Rs. 40 L, with average loan size being in the range of Rs. 5 L. The Company has already provided about 1500 loans and the credit performance is better than the industry average.
Indifi Technologies strives to differentiate by going deeper into segments rather than spread horizontally across segments. They have already tied up with an online travel company (Makemytrip.com), a cab aggregator and an e-commerce company to access their database of SMEs. Indifi’s unique platform combines smart data analytics and strategic partnerships with supply and distribution chain aggregators in a one-stop solution, revolutionizing the way lenders reach and underwrite credit to MSMEs. Lenders such as Edelweiss, Lending kart, and Capital First are already on its platform.
With strong leaders like Alok Mittal and Siddharth Mahanot, Indifi has raised $10 million in a Series B investment round led by philanthropic investment firm Omidyar Network, established by the founder of eBay, Pierre Omidyar.
Existing investors Accel Partners and Elevar Equity also participated in the round. Prominent names such as Pramod Bhasin are Advisor and Investor in the Company.