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Synopsis
Premji Invest, an investment company, led a $110m Series D round in Mintifi, a supply chain financing platform, with participation from Norwest Venture Partners, Elevation Capital and International Finance Corporation. “Mintifi is addressing the whitespace in supply-chain financing in a highly differentiated manner through its distinctly modular platform and powerful anchor-led and tech-driven origination, underwriting and collection process. Its flexible supply-chain finance solutions create a win-win situation for anchors, distributors and retailers and have demonstrated great product market fit,” Saravanan Nattanmai, Premji Invest Principal.
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