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

  1. GST raids InsuranceDekho head office: report

  2. Infinity Fincorp raises $35 million from Jungle Ventures, others

  3. Merchant payments firm Mintoak secures secondary funding round

  4. UPI in Dec 2024: PhonePe, Google Pay continue to dominate; Paytm slips further

  5. KredX gets RBI nod to launch TReDS platform
  6. Read more highlights...

Editor's Pick

  1. Exclusive: Adani inks deal with BharatPe

  2. The curious case of Jammu-Based NBFC, 'Mahashakti Financiers'

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama