Announced

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Teachers’ Venture Growth and Prosus led a $180m Series E round in Mintifi.

Synopsis

Teachers’ Venture Growth, a venture capital firm, and Prosus, a private equity firm, led a $180m Series E round in Mintifi. supply chain financing platform. "We are super excited to partner with Ontario Teachers’ and Prosus, two leading global investors, in our journey of building the largest supply chain financing company in India. This transaction is also an important milestone for us as we were able to successfully provide an exit to our early backers with approximately 11x return as well as provide an opportunity for a large number of our team members to liquidate their ESOPs. This round of financing will further help us in building cutting-edge tech solutions to deliver even more seamless, efficient solutions for our customers across B2B payments, financing and inventory management,” Anup Agarwal, Mintif Co-founder and CEO.

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