Thursday, March 28

Tag: Lendingkart equity funding

Lendingkart Raises $2.95 Million from Sistema Asia Fund
FUNDING

Lendingkart Raises $2.95 Million from Sistema Asia Fund

India based Fintech company Lendingkart Technologies has raised $2.95 million in fresh equity funding from Sistema Asia Fund (SAF). With the latest infusion, the equity funding raised by Lendingkart stands at a total of USD 146 million, a statement said. The valuation of the company was not disclosed. "The latest funding round with the help of the existing partners have signaled strong support and trust in Lendingkart's vision of financial inclusion and digital accessibility for everyone," Lendingkart Technologies co-founder and Managing Director Harshvardhan Lunia said. Last week, Lendingkart Technologies had said it has received an equity funding of USD 30 million (Rs 212 crores) from Fullerton Financial Holdings, Bertelsmann India Investments, and India Quotient. In the cu...
Lendingkart Raises 565 Crore Equity Funding
FUNDING

Lendingkart Raises 565 Crore Equity Funding

Ahemdabad based India's leading fintech platform Lendingkart raises $87 million (565 crore) from Singapore based investment firm Fullerton Financial Holdings. Fullerton Financial Holdings is a subsidiary of Temasek Holdings (Private) Limited. Lensingkart has also signed a MoU (Memorandum of Understanding) with Fullerton India Capital, a fully owned subsidiary of Fullerton Holdings regarding creating potential initiatives to support their respective businesses. Funding So Far- Lendingkart has raised total $173 million (1,129 Crore) funding in debt and equity form. 1) Lendingkart Raises Rs 30 Cr From Dutch Development Bank 2) Lendingkart Raises Rs 25 Cr. In Debt Funding From SBI 3) Lendingkart's NBFC Arm Bags $25M From A Clutch Of Investors 4) Ahemdabad Based Lendingkart Rai...