Lending platform Lentra raises $27 Mn funding to strengthen its global play
Image Credit: shortpedia
Digital cloud lending platform Lentra on Wednesday (June 7) announced that it raised $27 Mn (approximately INR 223 Cr) as part of its extended Series B funding round, which was led by MUFG Bank and Dharana Capital. MUFG Bank invested in Lentra through its Ganesha investment fund for Indian startups. In a statement, Lentra said the deal marks the first joint investment by the bank and its corporate venture capital MUFG Innovation Partners (MUIP).