FOUNDERS
Harshvardhan Lunia | Founder, MD
HEADQUARTERS
Ahmedabad
SECTOR
Digital, Services
Lendingkart is a leading digital lending platform for SMEs in India. It has developed technology tools powered by Machine Learning and Big Data analytics to help its affiliated NBFCs evaluate a borrower’s credit worthiness and disburse loans in 24 – 72 hours pan India.
Lendingkart Group aims to make working capital finance available at the fingertips to SMEs, so that they can focus on business instead of worrying about the gaps in their cash-flows.
LendingKart has found a great niche in the huge but underserved SME lending market. Harsh and Mukul’s understanding of this space is just phenomenal.
Rohit Sood
ENGAGEMENT WITH BII
Lendingkart Group raises 205 crore (USD 32million) in Series B funding.
Lendingkart Group, India’s leading digital lending platform for SMEs has raised INR 205 crores (USD 32m) in new financing; out of which USD 20m was raised as equity and USD 12m as debt. This Series B round was led by Bertelsmann India Investments (BII),