Lendingkart
Empowering entrepreneurs and small businesses with expert-driven, data-backed working capital solutions
Empowering entrepreneurs and small businesses with expert-driven, data-backed working capital solutions
Lendingkart is a fintech startup founded in 2014 with a mission to empower entrepreneurs and small businesses by offering expert-driven, data-backed working capital solutions. The company's commitment lies in providing Working Capital Loans to small businesses, leveraging analytics and big data scoring to assess the business performance of their customers. The team comprises motivated individuals including bankers, data scientists, and tech experts, collectively working towards creating significant improvements in the domain of small business financing.
The company recently secured a substantial INR2.00B Debt Financing investment on 27 June 2023, with EvolutionX Debt Capital as the investor. This investment signifies a recognition of Lendingkart's potential and a validation of their innovative approach to small business financing. With a strong focus on leveraging technology and data-driven insights, Lendingkart is poised to make a lasting impact in the finance and financial services industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Convertible Note | $10.00M | 1 | BlueOrchard Finance S A | 07 May 2024 |
| Debt Financing | INR2.00B | 1 | EvolutionX Debt Capital | 27 Jun 2023 |
| Convertible Note | INR500.00M | 2 |
|
12 Aug 2022 |
| Debt Financing | INR440.00M | 1 | BlueOrchard Finance S A | 12 Jan 2022 |
| Debt Financing | $15.00M | 1 |
|
06 Apr 2021 |
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