Lendingkart Group has announced a strategic partnership with Unicommerce, a Delhi-based multichannel order fulfillment platform. The partnership will enable Unicommerce’s consumer base to get access to collateral-free working capital loans through Lendingkart Group’s NBFC within 72 hours of appli…
Tag: Harshvardhan Lunia
Lendingkart raises INR 205 crores 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), with participation from Darrin Capital Man…
We are here to bridge the funding gap for MSMEs | Harshvardhan Lunia, CEO, Lendingkart
Have a dream to fly giving wings to your unique business idea. Now is the time to get going! Gone are the days when your business idea would die an unsung death for want of viable funding. Welcome to the world of new-age fund missionaries: if your SME business idea has business potential, Lending…
Lendingkart joins hands with craftsvilla.com for loans to its sellers
Lendingkart, a online platform that facilitates Small and Medium Enterprises (SMEs) in obtaining working capital loans, has tied up with Craftsvilla.com. The association will facilitate easy and collateral-free working capital loans to Craftsvilla’s sellers seeking monetary assistance. Mumb…
Startups choose debt row over death by equity dilution
As private equity and venture capital investors are tightening and consolidating their investment portfolio in the startups space, an increasing number of startups are getting sensitised with the new emerging `funding climate’ and are too looking towards debt funding to avoid further equity…