Business-to-business lending platform Mintifi has raised USD 40 million in a Series C round of funding led by Norwest Venture Partners and Elevation Capital.

The startup will use the funds to continue building its tech infrastructure, expand offerings, including buy now pay later solutions for small and medium enterprises, scale the co-lending platform and deepen engagement across the supply chain.

To discuss the company's fund raise and its growth plans CNBC-TV18 spoke to Anup Agarwal, Co-Founder & CEO of Mintifi.

Also watch Moneycontrol's Sriram Mani share details about Sequoia Capital's USD 2.8 billion fund for startups in India and South Asia.

Moreover, Moneycontrol's Chandra Srikanth gets details about fintech unicorn Cred's plans to raise USD 300 million worth of funding.

Watch video for more.