Indifi Technologies appoints Maninder Juneja as Strategic Advisor

With a firm focus on its growth strategy, Indifi Technologies announces the appointment of industry veteran Maninder Juneja as a strategic advisor to the company. Maninder will be actively involved in the overall growth strategy of Indifi, by leveraging his 25 years of work experience in banking and finance industry.

Prior to being a part of True North Managers LLP, he was associated with ICICI Bank for years and held a host of leadership positions in the company.

"The SME ecosystem is critical to the growth of the economy and remains significantly underserved regarding credit. Indifi's approach of developing a deep segment-based understanding of SMEs, and utilizing fast-evolving technology and data capabilities, will help address the challenges in SME credit financing. I look forward to working with Indifi to help create an innovation powerhouse in SME financing arena," said Maninder Juneja.

"We are thrilled to have Maninder on board as an advisor. He brings a wealth of experience which will be very vital to our firm, across a range of issues including strategic direction, credit and customer understanding, and the network of relationships in the industry," said CEO and co- founder Indifi Technologies, Alok Mittal.

Persistently working towards enhancing its offerings, Indifi is focused on building depth in segments of its operation, as well as exploring new segments and data streams that are becoming relevant to credit decisions.

Furthering its efforts, the company also announced its USD 10 million Series 'B' funding, which was led by Omidyar Networks. Amongst existing investors, Accel Partners and Elevar Equity participated in the investment.