LendingKart to Raise ₹850 Cr from Fullerton & Investors

Lendingkart is looking to raise Rs 850 crore in fresh equity infusion from existing investors. The company, which saw Fullerton Financial acquire a majority stake in March, has also moved a board resolution to expand its share capital to Rs 16.9 crore from Rs 4.9 crore, in a bid to raise fresh capital.

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https://economictimes.indiatimes.com/tech/funding/lendingkart-set-to-raise-rs-850-crore-from-fullerton-existing-investors/articleshow/125465767.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst