Lendingkart raises Rs.565 cr. from Fullerton Financial Holdings, others

Date posted: Tuesday 13 February 2018

Online loans start-up Lendingkart Technologies Pvt. Ltd has raised Rs.565 cr. equity capital in a Series C round of funding led by Singapore’s Fullerton Financial Holdings Pte Ltd and other existing investors. With this new round of funding, Lendingkart group’s total equity and debt funding have gone up to $173 million (Rs.1,129 cr.). The funds from the current round will enable the company to strengthen its technology and analytics capabilities.

(Live Mint)