TiE Delhi-NCR, through an association with Indifi, aims to support its members by providing them with Growth Capital. Indifi Technologies, India’s online lending platforms, through this partnership will support business continuity among start-ups. This will provide impetus to TiE’s commitment to empower startups - enabling them to grow and scale their businesses amid the pandemic and beyond.
Indifi’s foray into the startup ecosystem is a welcome step in view of the current scenario. By expanding its portfolio to now include startups with a recurring revenue stream, the company is committed to helping Indian innovators unlock the next levels success and growth on the back of Growth Capital worth Rs 10 lakh to Rs 2 crore. Falling in line with this vision, the partnership with TiE Delhi-NCR also brings mentorship and strategic guidance opportunities to the table, thereby facilitating a growth-oriented, 360-degree program for new-age startups across the country.
Meanwhile, this exclusive offering reinforces TiE’s commitment to empower start-ups providing with the right guidance, active mentoring support and funding opportunities that are critical for a business to stay on course.
Indifi will leverage this tie-up to deliver its revenue-based financing to startups looking to expand their business and/or enrich their service offerings by adding more verticals to their existing models. In sync with this idea, the association will look at sectors and segments including SaaS &andenterprise services, direct-to-consumer online brands, EduTech, digital media or advertising, and leasing companies, among others.
Speaking about the initiative, Alok Mittal, CEO & Co-founder, Indifi, commented, “The idea behind this partnership is to create a 360-degree support system aimed at accelerating the growth trajectory of new-age startups looking to explore new avenues. We are delighted to associate with TiE Delhi-NCR, an organisation that is committed to enabling and empowering the country’s startup ecosystem. Together, we will leverage the dynamic synergy to facilitate growth-enabling funds as well as top-quality mentorship to help TiE Members seamlessly navigate the highly-competitive and continuously-evolving business landscape.”
Rajan Anandan, President, TiE Delhi-NCR, added, “We are delighted to join hands with Indifi Technologies, one of the pioneers at the leading-edge of online lending. The association falls in line with our mission of providing financial, mentorship, and networking support to new-age innovators and gain access to a bigger market. We are committed to enriching this partnership by drawing on our vast network to provide mentorship support to the beneficiary companies both at the beginning of the program and during the course of the agreed plan. We are also excited to reach out to more innovators and bring them toward the side of growth and innovation so that they can maximise their potential on the back of this holistic program.”