CosmicTaco

Indifi Co-founder Siddharth Mahanot Ends Nine-Year Tenure

CosmicTaco · 2024-10-01T10:26:39.628823+05:30

- **Siddharth Mahanot**, co-founder and executive director of digital lending platform **Indifi**, has stepped down after nine years. - Co-founder **Alok Mittal** and newly appointed CEO **Sangram Singh** are expected to take over leadership roles. - Mahanot plans to explore new interests and opportunities beyond Indifi, but will remain involved as a shareholder and board member. - Indifi, backed by investors like **ICICI Ventures** and **Accel**, provides business loans and working capital finance to MSMEs and D2C brands. - The company recently raised a funding round of Rs 290 crore led by ICICI Venture. Source: [Moneycontrol](https://www.moneycontrol.com/technology/indifi-co-founder-siddharth-mahanot-steps-down-after-nine-year-tenure-article-12833011.html)

Siddharth Mahanot, co-founder and executive director of digital lending platform Indifi, has stepped down after nine years.
Co-founder Alok Mittal and newly appointed CEO Sangram Singh are expected to take over leadership roles.
Mahanot plans to explore new interests and opportunities beyond Indifi, but will remain involved as a shareholder and board member.
Indifi, backed by investors like ICICI Ventures and Accel, provides business loans and working capital finance to MSMEs and D2C brands.
The company recently raised a funding round of Rs 290 crore led by ICICI Venture. Source: Moneycontrol