Ontario Teachers, Bain Capital, Advent, Others Line Up to Back Mintifi in $100-Million Round

• Ontario Teachers' Pension Plan, Bain Capital, Advent International, and other investors are in talks to fund Mintifi with $100 million.
• The deal's success depends on the valuation offered to the supply-chain financing platform.
• If finalized, the round will primarily be a capital infusion to expand Mintifi's loan book and disbursals.
• Mintifi collaborates with major companies like Tata Motors and Nivea to digitize supply chains and provide credit to distributors and retailers.
• At least 20 investors are interested, but Mintifi is yet to decide on the final steps based on the valuation.

Source: Moneycontrol