Lendingkart internal funding round from Fullerton Financial Holdings
Lendingkart raised Internal equity round at valuation cut led by Fullerton Financial Holdings on October 17, 2024.
- Primary
- Lendingkart
- Counterparty
- Fullerton Financial Holdings
- Structure
- Internal equity round at valuation cut
- Date
- October 17, 2024
- Sub-sector
- Lending Tech (Consumer)
Lendingkart raising capital at $100M valuation (down from $350M) to address cash crisis driven by unsecured lending stress and rising NPAs.
Source: economictimes.indiatimes.com