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Mintifi reports Rs 92 Cr PAT on Rs 384 Cr revenue in FY24 The supply-chain financing startup Mintifi recorded impressive growth in operational revenue. Their revenue operations increased dramatically from Rs 223 crore to Rs 384. The company’s interest income from loans contributed eighty percent to total revenue. Subsequently, Mintifi generated substantial income through textile goods sales to distributors. The company further strengthened its position with Rs 17 crore interest earnings.Mintifi reports Rs 92 Cr PAT in FY24. Moreover, the combined revenue streams resulted in a total of Rs 401. These remarkable achievements showcase Mintifi’s strong market presence in supply chain financing. The founders have strategically positioned the company in the SME financing sector. Anup Agarwal, Ankit Mehta, and Sanjoy Shome established Mintifi in 2017. Their innovative approach has transformed last-mile distribution networks across various industries. The company provides comprehensive solutions for payments, invoicing, and SME financing needs. Additionally, Mintifi’s business model addresses crucial gaps in traditional banking services. The company maintains strong relationships with distributors and retailers nationwide through financing. Their deferred payment system has gained significant traction among small businesses. Furthermore, Mintifi’s technology platform seamlessly integrates with existing business operations systems.
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