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Lendingkart Raises INR 75 Cr In Debt To Provide Working Capital Loans To Underserved MSMEs

Inc42 LogoInc421 mo ago

Lendingkart Raises INR 75 Cr In Debt To Provide Working Capital Loans To Underserved MSMEs

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The Ahmedabad-based fintech company was set up in 2014 by former banker Lunia.

Credit decisions will be taken in a ‘live’ environment using its in-house loan origination engine xlr8 and zero-touch features.

In April 2021, the NBFC-cum-lending tech platform raised $15 Mn from FMO, the Dutch entrepreneurial development bank.


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Article Details

Author / Journalist: Tapanjana Rudra

Category: Startups

Topics: News B2B

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 10:17:26

News Timezone: GMT +5:00

News Source URL: inc42.com

Language: English

Reading Time: 2 minutes read

Article Length: 359 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 26549

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About Inc42

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Main Topics: Startups

Official Website: inc42.com

Update Frequency: 16 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #52

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