Page 20 - The 20 Most Promising Co-founders in Business Industry 2019
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Alok Mittal:
A Successful First Generation Entrepreneur and the CEO of Indifi
ndifi believes in helping first generation entrepreneur shared that access to capital is
small businesses grow by based in India. Alok is also a the single biggest roadblock to
Ioffering loans to those that founding member of Indian growing their businesses. With
have potential and intent. Most Angel Network, which is a forum more cash flow, these businesses
such businesses have little or no for making angel investments. can hire new employees, purchase
access to financing from traditional He last led India operations of more inventories, take more orders,
institutions such as banks or lack Canaan Partners, a premier US upgrade equipment and boost their
either collateral or finance data trail based venture capital firm. Earlier, marketing efforts.
to access a loans. he cofounded JobsAhead.com
in 1999. JobsAhead.com is the Indifi’s Key Features
Indifi is a technology platform leading e-recruitment business
that gathers and analyses data of focussed on the Indian market, We know every segment
businesses from various sources and was acquired by Monster. is different so we focus on
and draws insights to judge their com recently. Before founding understanding each one to make
credit worthiness, their past and JobsAhead, Alok worked with loans better. It is quick & simple:
current performance in context of Hughes software in telecom and Minimum documentation, no
the industry they are operating in. internet technologies. Alok is a collaterals; we have multiple
computer science graduate from lenders: One application, multiple
We are a technology platform lenders, increased chances of loan
creating easy loan origination, IIT Delhi, and completed his MS approval; Best Fit: Specific loan
and leverage our segment and Management of Technology products for specific business
understanding to create risk programs from UC Berkeley. needs; Flexible & Transparent:
models. This brings multiple Types of Loans Indifi Provides Choice of loan tenure & repayment
partners and lenders to fill the modes and no hidden charges
credit gap, helping small businesses Our loans are designed for one
access unsecured business loans, thing your business needs. These A mediator between lenders and
through a quick and simple include: SMEs
process. We have tailored loans Indifi Technologies works with
for Travel, Hotel, e-Commerce, a. Term Loans lenders to provide them with full
Restaurant, Trading and Retail b. Line Of Credit customer lifecycle management
businesses. and charges them a fee based on
c. Invoice Discounting products availed by the customer.
A Thoughtful Leader
d. Merchant Cash Advance Lenders would incur an operating
Alok Mital is Co-founder and cost if they were to run the
CEO of Indifi, a platform to Benefits for Small Businesses complete customer lifecycle; they
expand access to debt financing for now pay that to Indifi for managing
Indian SMEs. He is a successful When asked, most business owners it. On the banking front, the lenders
20 September 2019│
