Fintech Startup Mintifi Bags $180 Mn From TVG, Prosus

Mintifi Bags $180 Mn from TVG & Prosus: Mintifi, a fintech startup, raised $180 million in a funding round led by TVG and Prosus Ventures. The funds will help Mintifi enhance its offerings in the supply chain financing and business-to-business (B2B) lending space. Mintifi's platform provides short-term working capital to small and medium enterprises (SMEs), particularly in industries like manufacturing and retail. The funding round reflects increasing investor interest in fintech solutions that cater to the financing needs of SMEs, a crucial part of the economy. Mintifi’s growth prospects are expected to expand with this fresh capital, helping it scale its operations and reach more businesses in India.