Lendingkart lands Rs 300 crore debt funding

BENGALURU: Lendingkart Finance, the sister firm of Lendingkart Technologies, has raised ?300 crore in non-convertible debentures.

Aditya Birla Sun Life AMC has infused Rs 150 crore while the remaining came from another mutual funds entity, whose name was not diclosed.

The funds will be used towards growing the loan book and financing a greater number of MSMEs.