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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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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