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New Deal


Announced

Completed

Premji Invest led a $110m Series D round in Mintifi.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Venture Capital

Cross Border

Single Bidder

Friendly

Minority

Acquisition

FinTech

buy now pay later

India

Private Equity

Completed

Private

Synopsis

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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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