Fintech startup Lendingkart raises INR 50 Cr debt funding to offer credit solutions to MSMEs
Image Credit: enterpreneur
Non-banking finance company (NBFC) and lending tech startup Lendingkart has secured INR 50 Cr in a debt funding round from InCred Capital and Yubi. As part of the deal, Lendingkart has issued non-convertible debentures and market-linked debentures. Also, InCred infused INR 20 Cr in the startup while Yubi invested the remaining INR 30 Cr.