The acquisition is in line with Lendingkart’s move to diversify its product portfolio as it looks to add newer offerings to its mix.

Lendingkart will use the funds raised for disbursing more working capital loans to underserved MSMEs and expand its operations.

Covid-19 related uncertainties could strain the company's margins in the ongoing fiscal year as new disbursals are significantly lower than...

The government has extended an emergency credit line to micro, small and medium enterprises, provided credit guarantee, and capped interest...

With less than 2.5% stake, cofounder may become mentor for firm.

The fintech platform which exclusively caters to micro small and medium enterprises for their funding requirements claims to have received ...

The latest round, which also saw the participation of Singapore-based fund Sistema Asia, takes the funds raised by the company over the pas...

This new influx of debt funds will be used towards growing the loan book and expanding the reach of Lendingkart Finance across SME industri...

This will be used to expand the startup's reach to 950 locations and offer financing to SMEs.

"The latest round of NCDs will further bolster our loan book and enable us to serve the credit need of many more SMEs, " Lunia said.

The other companies that have joined as members are SME lending players Indifi Technologies, Rubique, KapitalTech, personal loan enablers F...

Offering customers lending rates of 16-24 percent, the company is of the view that post demonetisation, micro, small and medium enterprises...

The technology-backed Lendingkart Group’s NBFC enables loan disbursement by assessing the creditworthiness of a candidate through API scrut...

Lendingkart believes that India has a massive credit starved market where there are many small business owners who are denied financing des...

This latest round of funding has taken the net amount raised by the lending company to Rs 260 crore till date.

Lendingkart has acquired an NBFC licence and is catering to the MSME sector, while Capzest plans to seek a licence in the next few months.

Mumbai-based Craftsvilla has recently launched 'seller financing' program which has been providing a financing aid platform to their seller...