Did not find what you are looking for?
Founded
2014
Headquarters
Ahmedabad
Status
Series E
Company Details
Lendingkart is a technology-enabled non-banking financial company (NBFC) specializing in digital lending solutions for MSMEs and individuals in India. It operates through a fully digital platform with minimal documentation and no collateral requirements.
Core Products and Services
MSME Working Capital Loans – Unsecured business loans up to INR 2 crore with flexible repayment terms up to 36 months
Women Entrepreneur Loans – Dedicated unsecured loans for women-led businesses up to INR 2 crore
Personal Loans – Unsecured personal loans for weddings, medical emergencies, and education
Business Model & Revenue Streams
Technology-enabled NBFC using proprietary algorithms analyzing 5,000+ data points for creditworthiness assessment
Collateral-free, fully digital lending with quick approvals and minimal documentation
Interest income from loans disbursed to MSMEs and individuals
Secondary revenue from secured corporate bonds rated by credit agencies
INR 10,000+ crore disbursed to 225,000+ customers with AUM of INR 6,247 crore as of September 2023
Key Metrics
Total Equity Funding
$260Million
No. of Funding Rounds
31
Latest Funding Round
$20.2Million, Series E
as of March 27, 2025
Post Money Valuation
$101Millon
as of March 27, 2025
Funding Multiple
-
as of N/A
Investors
Kotak Mahindra Bank
and 5 moreEmployee Count
1477
Similar Companies
FinReach
Exit Details
No Exits
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| March 27, 2025 | Series E | $20.2Million | $101Million | $188Million | 0.4x | Fullerton Financial Holdings |
| January 27, 2025 | Series D | $464K | $80.3Million | $182Million | 0.4x | Stride Ventures |
| December 27, 2024 | Series D | $2.14Million | - | $178Million | 4.6x | Upwards |
| October 25, 2024 | Series D | $9.23Million | $81.6Million | $171Million | 0.4x | Fullerton Financial Holdings |
| May 30, 2024 | Series D | $959K | - | $154M | - | Stride Ventures |
| April 12, 2022 | Series D | $989K | $257Million | $88Million | - | Anicut Capital |
| May 19, 2020 | Series D | $38.2Million | $234Million | $66.9Million | - | Bertelsmann India Investments, Fullerton Financial Holdings, India Quotient, Sistema, Saama Capital |
Recent News
Lendingkart crisis deepens: Founder Harshvardhan Lunia goes legal against Fullerton-led management
November 24, 2025
Lendingkart to Raise $100 Mn in Series F
November 20, 2025
Enterprise messaging startup Fyno bags $4 Mn in seed round
September 30, 2025
Lendingkart Finance Slips Into Red, Posts INR 288 Cr Loss In FY25
July 12, 2025