Siddharth Mahanot
Siddharth is the Co-Founder and COO at Indifi Technologies Private Limited. Indifi started in June 2015 and is creating a platform to enable access to debt financing for small businesses.
Prior to co-founding Indifi, Siddharth has worked for over 14 years with various renowned financial services organizations in Credit Underwriting and Risk Management functions.
Experience in underwriting across various products like Mortgages, Commercial Lending, Secured and Unsecured SME Financing, Small Ticket Housing Finance to informal segment and Microfinance.
Start-Up Details
Indifi
- Industry Financial Services
- Website https://www.indifi.com/
Indifi believes in helping small businesses grow by offering loans to those that have potential and intent. Most such businesses have little or no access to financing from traditional institutions such as banks or lack either collateral or finance data trail to access a loans.
Indifi is a technology platform that gathers and analyses data of businesses from various sources and draws insights to judge their credit worthiness, their past and current performance in context of the industry they are operating in. This differentiated approach helps find businesses that are low on risk and high on promise thus opening up possibilities for those who earlier had no access to short or long term business funding.
Indifi takes the relevant applications to multiple lenders, increasing the chances to secure a loan and creates choice for lenders to pick the ones they wish to back.
The approach makes the loan process smart by minimizing risk, reducing paperwork and associated costs, while providing a simple and hassle free experience setting the businesses on the path to growth.
Preferences
- Raised Less than $200,000
- Raised Less than $1,000,000
- Did not raise capital
- Raised Less than $500,000
- Has no cashflow
- Has no employees
- I'm open to business proposals / partnerships from other founders.
- $45,659,000 - Series D - 2021 Nov 24