Mintifi

Mintifi profits more than tripled to Rs 92 crore in FY24

Mintifi profits more than tripled to Rs 92 crore in FY24

24 Dec 2024, 19:03 PM

Interest income from the disbursement of loans accounted for 80% of the revenue -- which increased 2x to Rs 308 crore in FY24.

Mintifi raises $180 million funding at $850 million valuation

Mintifi raises $180 million funding at $850 million valuation

11 Dec 2024, 11:50 AM

In a mix of primary and secondary transaction, Mintifi’s initial investor Lok Capital, exited as part of the secondary sale, while IFC partially sold its stake.

Prosus picks 10.65% stake in Mintifi for $80 million

Prosus picks 10.65% stake in Mintifi for $80 million

02 Dec 2024, 16:27 PM

In October 2024, Prosus acquired a 10.65% effective interest in Mintifi Private Limited (Mintifi) for approximately $79.9 million.

Fintech Hightlights

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  3. BlackSoil-Caspian Debt merger gets the RBI approval

  4. Plaksha University launches Binny Bansal Institute for Inventing the Future

  5. Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others
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