Lendingkart Finance

Lendingkart Finance Limited focuses on offering quick and efficient access to credit for SMEs in India. Founded in 2014 and headquartered in Ahmedabad, India, the company has successfully completed 27 deals. The founding team includes Ashok Patidar, Harshvardhan Lunia, Jessica Arnold, Kumar Shivam, and Priyanka Soni, with Harshvardhan Lunia serving as CEO.Lendingkart Finance Limited primarily specializes in providing unsecured business loans to small and medium enterprises (SMEs) across India. Their core product offering enables SMEs to access credit quickly and efficiently, utilizing advanced technology and analytics to assess the creditworthiness of applicants based on current cash flows and business growth.Lendingkart Finance Limited generated revenue of INR 99,487,113 in the most recent year, 2023, while achieving an EBITDA of INR 46,605,367. The company primarily earns revenue through interest on loans disbursed to SMEs, utilizing a direct lending model.52 billion. This acquisition is expected to enhance Lendingkart's financial service solutions and support ongoing growth strategies. The company aims to expand its product offerings and increase its market presence by launching new financial products targeted at SMEs, while also considering entry into additional geographic regions.

1. Series D

   May 27, 2020

   Amount

   $11M

   Investors

   Locked

2. Series D

   Aug 14, 2019

   Amount

   $3M

   Investors

   Locked

3. Series D

   Aug 8, 2019

   Amount

   $30M

   Investors

   Locked

4. Series C

   Feb 12, 2018

   Amount

   $80M

   Investors

   Locked

5. Series C

   Aug 8, 2017

   Amount

   $11M

   Investors

   Locked

6. Series B

   Jun 27, 2016

   Amount

   $19M

   Investors

   Locked

7. Series A

   Jul 7, 2015

   Amount

   $10M

   Investors

   Locked