Lendingkart acquires personal loans platform Upwards

YourStory LogoYourStory1 mo ago

Lendingkart acquires personal loans platform Upwards - YourStory

Quick Summary:

The cash-and-stocks deal was pegged at Rs 100-120 crore, Founder and CEO Harshvardhan Lunia told YourStory.

The acquisition will help the MSME lender strengthen its personal loan offering.

With Lendingkart’s credit, capital and distribution capability, we plan to deepen our presence across the country to bridge the massive credit gap in the personal loan market in India," Abhishek, Co-founder at Upwards said.

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Article Details

Author / Journalist: Naina Sood ( )

Category: StartupsEconomyBusiness



Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-08 @ 06:32:18 (1 months ago)

News Timezone: GMT +8:00

News Source URL:

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 5310771

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website:

Update Frequency: 8 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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