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Temasek-owned Fullerton buys majority stake in MSME-focussed lending tech platform Lendingkart

  • Fullerton Financial Holdings has acquired a majority stake in fintech lender Lendingkart.
  • The deal sees Fullerton injecting Rs 252 crore into Lendingkart as part of its Series E fundraise.
  • This acquisition will strengthen Lendingkart's financial position and enhance its technology-driven credit underwriting.
  • Lendingkart provides digital working capital loans to micro, small, and medium enterprises (MSMEs) to improve credit access for small businesses.

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