Indian fintech startup Lendingkart bags $30 mln in new funding

08/10/2019 7:00:00 AM (GMT)

Lendingkart Technologies Pvt Ltd., an Indian financial technology startup, has secured 212 crore rupees ($30 million) in a new financing round.

Existing investors including Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments and India Quotient provided the latest investment.

Lendingkart intends to use the new capital to extend lending bases, deepen the startup's reach to small and underserved micro-enterprises and further strengthen its technological and analytics capabilities.

The latest financing brings the total capital raised by Lendingkart to date to $143 million.

Lendingkart Technologies Pvt Ltd.

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