Lendingkart Technologies Re5.65 billion Series C fund raising

12/2/2018
Financial investment, Fund raising

Re 5.65 billion

$ 86.601 million

Announced

12/2/2018


Overview:

  • Lendingkart Technologies has raised Re5.65 billion in a Series C fund raising.
  • The company is the technology and digital marketing arm of fintech startup Lendingkart.
  • Singapore’s Fullerton Financial Holdings led the fund raising which also included Sistema Asia Fund, Bertelsmann India Investment, Mayfield India, India Quotient, and Saama Capital according to VC Circle.
  • Credit Suisse acted as financial adviser.

Sam Duke

Jurisdiction:

India

Deal types:

Financial investment
Fund raising

Practice area:

Private equity

Industry sectors:

Financial services
Technology and telecommunications


Firms:

Party: Fullerton Financial Holdings (Investor)

Lawyer: Ashwath Rau


Party: Bertelsmann India Investments (Investor)

Lawyer: Rachael Israel


Party: Lendingkart (Investment target)

Lawyer: Siddharth Nair