Mintifi’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Mintifi Finserve Private Limited | CIN: U65990MH2018PTC304289
Founded by Anup Agarwal, Ankit Mehta, and Sanjoy Shome, Mintifi is a fast-growing fintech company focused on enabling digital supply chain financing. The company partners with large corporates and distributors to provide flexible credit and payment solutions to small and medium-sized enterprises (SMEs). Through its technology-driven approach, Mintifi streamlines financing, reduces operational friction, and helps businesses optimize cash flow. The firm’s rapid growth trajectory is driven by innovative product offerings, strong partnerships, and a focus on underserved segments. Mintifi’s platform leverages data analytics and proprietary credit assessment models to deliver customized lending solutions at scale, positioning it as a leader in the supply chain finance ecosystem.
| Founded | 2017 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$700 million (2023) |
| Annual Revenue (FY24 est.) | ₹575 Cr |
| Net Profit (FY24 est.) | ₹10 Cr |
| Employees | ~450 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series A | 2019 | $10 million | Lok Capital, Elevar Equity |
| Series B | 2021 | $40 million | Norfund, IFC |
| Series D | 2023 | $110 million | Premji Invest, Norwest Venture Partners |
Mintifi’s revenue has grown rapidly from ₹108 Cr in FY22 to an estimated ₹575 Cr in FY24, with the company achieving profitability in FY24 for the first time.
EBITDA margins improved substantially from -36% in FY22 to 5% in FY24, indicating operational leverage and efficient cost management.
Mintifi has expanded its workforce from 250 in FY22 to about 450 in FY24, supporting its growth in digital lending and supply chain finance operations.
The company plans to further expand its partner network, introduce new credit products, and explore international opportunities. An IPO could be on the horizon as profitability strengthens.
Mintifi recently raised new funding to accelerate digital lending and expand into new sectors, solidifying its leadership position in supply chain financing.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹575 Cr (+70% YoY) – Strong growth led by increased adoption and new partnerships. |
| Net Profit FY24 | ₹10 Cr – First-time profitability after years of investment-heavy growth. |
| EBITDA Margin | 5% – Operational efficiency realized as scale improves margins. |
| Valuation | $700 million – Backed by strong investor confidence and market traction. |
| Employee Count | 450 (+29% YoY) – Hiring focus on tech and credit assessment teams. |
Mintifi's impressive revenue growth and first-time profitability mark a major milestone in its journey to become a leader in digital supply chain finance. With strong partnerships and advanced technology, it is poised for further growth. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, Mintifi press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.