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MINTIFI
3.4
based on 86 Reviews
Company Overview
Company Locations
Working at MINTIFI
Company Summary
Mintifi provides a technology platform dedicated to simplifying access to business loans for small and medium enterprises, ensuring tailored funding solutions based on comprehensive analytics.
Overall Rating
3.4/5
based on 86 reviews
9% below
industry average
Critically rated for
Promotions, Work satisfaction, Work-life balance
Work Policy
Work from office
69% employees reported
Monday to Saturday
66% employees reported
Flexible timing
55% employees reported
No travel
41% employees reported
View detailed work policy
About MINTIFI
Founded in2017 (8 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websitemintifi.com
Primary Industry
Other Industries
--
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Mintifi is a leading technology platform committed towards empowerment of small and medium businesses by offering business loans in the fastest yet simplest way possible. Our thorough analysis of your underlying business using various data sources helps you get exact amount of funds required for your business, on your terms.
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MINTIFI Ratings
based on 86 reviews
Overall Rating
3.4/5
How AmbitionBox ratings work?
5
32
4
17
3
12
2
5
1
20
Category Ratings
3.4
Salary
3.1
Skill development
3.0
Job security
2.9
Company culture
2.9
Work-life balance
2.9
Work satisfaction
2.8
Promotions
MINTIFI is rated 3.4 out of 5 stars on AmbitionBox, based on 86 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MINTIFI
based on 85 reviews
3.1
Rated by 17 Women
Rated 3.3 for Job security and 3.1 for Skill development
3.4
Rated by 68 Men
Rated 3.5 for Salary and 3.1 for Skill development
Work Policy at MINTIFI
based on 29 reviews in last 6 months
Work from office
69%
Hybrid
28%
Permanent work from home
3%
MINTIFI Reviews
Top mentions in MINTIFI Reviews
+ 1 more
Compare MINTIFI with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.4/5 based on 86 reviews | 3.2/5 based on 374 reviews | 3.8/5 based on 174 reviews | 3.4/5 based on 312 reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | No highly rated category |
Critically Rated for | Promotions Work-life balance Company culture | Job security Promotions Work satisfaction | Promotions | Work-life balance Job security Company culture |
Primary Work Policy | Work from office 69% employees reported | Work from office 79% employees reported | Hybrid 58% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 3.1 Average rated by 17 women | 3.0 Average rated by 57 women | 3.7 Good rated by 36 women | 3.6 Good rated by 34 women |
Rating by Men Employees | 3.4 Average rated by 68 men | 3.2 Average rated by 293 men | 3.8 Good rated by 127 men | 3.3 Average rated by 261 men |
Job security | 3.0 Average | 2.7 Poor | 3.5 Good | 3.0 Average |
View more
MINTIFI Salaries
MINTIFI salaries have received with an average score of 3.4 out of 5 by 86 employees.
Sales Manager
(80 salaries)
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₹2.8 L/yr - ₹6 L/yr
Operations Executive
(14 salaries)
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₹2.5 L/yr - ₹4.2 L/yr
Software Developer
(13 salaries)
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₹4 L/yr - ₹9 L/yr
Area Sales Manager
(8 salaries)
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₹6 L/yr - ₹12 L/yr
Credit Manager
(6 salaries)
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₹3.8 L/yr - ₹10 L/yr
Cluster Head
(6 salaries)
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₹5.6 L/yr - ₹11.5 L/yr
Cluster Manager
(6 salaries)
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₹10 L/yr - ₹13.2 L/yr
Quality Analyst
(5 salaries)
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₹5 L/yr - ₹6.6 L/yr
Area Collection Manager
(5 salaries)
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₹4.3 L/yr - ₹5 L/yr
Software Engineer
(5 salaries)
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₹9 L/yr - ₹11.3 L/yr
MINTIFI Interview Questions
Interview questions by designation
Top MINTIFI interview questions and answers
MINTIFI News
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ETtech Deals Digest: Startups raise $1.19 billion in December, down 22% on-year
- Startups raised about $1.19 billion in funding between December 1 and 27, a 22.2% decrease compared to the same month last year.
- Funding came through 73 rounds in December, compared to 87 rounds in November.
- Top deals of the month include Rebel Foods raising $210 million, Mintifi securing $180 million, Vastu Finance receiving $100 million, Zetwerk raising $70 million, and CarDekho raising $60 million.
- New investors such as Temasek, PayU parent Prosus, Ontario Teachers’ Pension Plan (OTPP), and Navis Capital Partners participated in the funding rounds.
Economic Times | 27 Dec, 2024
Mintifi’s FY24 Profit Zooms 273% To INR 92.5 Cr
- Mintifi's net profit for FY24 surged 273% to INR 92.53 Cr compared to the previous year.
- Revenue from operations increased by nearly 72% to INR 383.67 Cr in FY24.
- Interest income from loans accounted for 80% of Mintifi's revenue, growing by 108% to INR 308.66 Cr.
- Total revenue, including other income, reached INR 401.47 Cr, a 77% YoY increase in FY24.
Inc42 | 24 Dec, 2024
Top Funding Wrap of the Week – 9 Dec – 13 Dec 2024
- Brookfield India REIT raised Rs 3,500 crore in funding from institutional investors.
- Cloud kitchen operator Rebel Foods raised $210 million in its series G funding round.
- Supply chain financing startup Mintifi secured $180 million in its Series E funding round.
- Anthea Aromatics Pvt Ltd. received a Rs 1,000 crore investment from India Resurgence Fund.
VIE Stories | 14 Dec, 2024
ETtech Deals Digest: Startups raise $735.9 million in week to December 13; up nearly five-fold on-year
- Startups raised around $735.9 million between December 7 and December 13, a nearly five-fold increase from the same period last year.
- Startups across seed, early and late-stage rounds, raised funds through 29 deals, compared to 31 deals in the year-ago period.
- Mumbai-based Rebel Foods raised $210 million in a funding round led by Singapore’s sovereign fund Temasek.
- Lending platform Mintifi secured $180 million in a fresh equity funding round from new investors PayU parent Prosus and Ontario Teachers’ Pension Plan (OTPP).
- Contract manufacturing startup Zetwerk raised an additional $70 million in fresh capital, bringing the total funding to $100 million in this round.
- Jaipur-based CarDekho's Southeast Asia (SEA) business unit raised $60 million in a funding round led by Navis Capital Partners and Dragon Fund.
- Furniture and home decor platform Wooden Street has raised $43 million in a funding round from Premji Invest.
Economic Times | 13 Dec, 2024
Mintifi has Secured $180 million in a Series E Round Funding
- Supply chain financing startup Mintifi has secured $180 million in its Series E funding round.
- The funding round was co-led by Teachers’ Venture Growth (TVG) and Prosus, with existing investor Premji Invest also contributing.
- Mintifi plans to use the funds to grow its loan book, improve technology, and develop a software product for supply chain distribution.
- The Mumbai-based startup, founded in 2017, offers payment solutions and tailored financing to small and medium businesses (SMEs).
VIE Stories | 11 Dec, 2024
Canadian Pension Fund Arm Co-Leads $180 Million Investment In Indian Supply Chain Platform Mintifi
- Canadian pension fund arm, Teachers' Venture Growth, and South Africa's Prosus have co-led a $180 million investment in Indian supply chain platform, Mintifi.
- The funding round includes both primary and secondary transactions and also saw participation from Premji Invest.
- The investment will help Mintifi expand its presence in key sectors and consolidate its market leadership in the downstream supply chain financing space.
- Mintifi plans to use the funds to expand its offerings, including dealer management systems, loans against property, domestic/overseas factoring, and leveraging AI.
Bloomberg Quint | 11 Dec, 2024
Mintifi secures $180m in Series E funding, backed by Teachers’ Venture Growth, Prosus, and Premji Invest
- Mintifi, an Indian supply chain financing company, has secured $180 million in Series E funding.
- The funding round was backed by Teachers’ Venture Growth, Prosus, and Premji Invest.
- The capital base of Mintifi will cross over $1 billion with this funding, which will be used to expand its offerings and deepen its engagement with brand partners.
- Mintifi processes over $3 billion invoices annually and aims to reach $6 billion by the end of FY26.
HinduBusinessLine | 10 Dec, 2024
Mintifi raises $180 Mn funding at $850 Mn valuation
- Supply-chain financing startup Mintifi has raised $180 million in a Series E funding round led by Teachers’ Venture Growth (TVG) and Prosus.
- The funding round also included existing backer Premji Invest. The latest funding round valued Mintifi at $850 million.
- The funds will be used to diversify Mintifi's product offerings and leverage artificial intelligence to streamline user experiences.
- Mintifi plans to go public within the next three years, contingent on market conditions.
Entrackr | 10 Dec, 2024
Fintech Startup Mintifi Bags $180 Mn From TVG, Prosus
- Indian fintech startup Mintifi has raised $180 million in its Series E funding round, co-led by Teachers’ Venture Growth (TVG) and Prosus.
- The funding round included a mix of primary and secondary transactions and saw participation from existing backer Premji Invest.
- Mintifi plans to use the funds to expand its presence in key sectors and strengthen its position in the supply chain financing segment.
- The startup offers advanced receivables management solutions and has partnered with companies like Tata Motors, Nivea, and Page Industries.
Inc42 | 10 Dec, 2024
Indian startups raised over $314 million from Dec 02 to Dec 07, 2024; Vastu Housing tops the list
- Indian startups raised over $314 million in funding from December 02 to December 07, 2024.
- Vastu Housing Finance topped the list by raising $100 million, followed by Mintifi with $80 million.
- High-value deals included Glow ($30 million), Enterpret ($20.8 million), and Ultraviolette ($15.35 million).
- Several emerging startups also secured funding, including Pathway ($10 million), AdvantageClub AI ($4 million), and DentalKart ($10 million).
ISN | 8 Dec, 2024
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MINTIFI FAQs
When was MINTIFI founded?
MINTIFI was founded in 2017. The company has been operating for 8 years primarily in the Internet sector.
Where is the MINTIFI headquarters located?
MINTIFI is headquartered in Mumbai,Maharashtra.
How many employees does MINTIFI have in India?
MINTIFI currently has approximately 100+ employees in India.
Does MINTIFI have good work-life balance?
MINTIFI has a work-life balance rating of 2.9 out of 5 based on 80+ employee reviews on AmbitionBox. 43% employees rated MINTIFI 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read MINTIFI work-life balance reviews for more details
Is MINTIFI good for career growth?
Career growth at MINTIFI is rated as poor, with a promotions and appraisal rating of 2.8. 43% employees rated MINTIFI 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading MINTIFI reviews for more detailed insights.
What are the cons of working in MINTIFI?
Working at MINTIFI does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and work life balance, based on 80+ employee reviews on AmbitionBox.
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