Harshvardhan Lunia

After Fullerton control, Lendingkart gets its new CEO in Prashant Joshi

After Fullerton control, Lendingkart gets its new CEO in Prashant Joshi

16 Apr 2025, 11:07 AM

Joshi’s elevation comes amid strategic leadership changes following a majority stake acquisition by Temasek’s Fullerton Financial Holdings (FFH).

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

Rural-focussed lender Navadhan raises Series A led by NABARD

Rural-focussed lender Navadhan raises Series A led by NABARD's VC arm

26 Mar 2025, 08:19 AM

The round was co-led by Prime Ventures, along with participation from LNB Group and existing investors.

Pravin Jadhav-led Dhan acquires media startup Filter Coffee

Pravin Jadhav-led Dhan acquires media startup Filter Coffee

28 Jan 2025, 03:55 AM

With Raise Financials, Filter Coffee will expand its content across short-form videos, and long-form storytelling, delivering fresh perspectives on India’s financial markets.

SME lender Lendingkart sees marginal fall in FY24 profit

SME lender Lendingkart sees marginal fall in FY24 profit

26 Nov 2024, 23:36 PM

Revenue from co-lending - which accounted for 54% of the operating revenue - jumped by 88% to Rs 591 crore in FY24.

Fullerton to acquire controlling stake in Lendingkart

Fullerton to acquire controlling stake in Lendingkart

23 Oct 2024, 18:04 PM

The deal, which includes an investment of up to Rs 252 crore ($30 million), is awaiting regulatory approval.

Fintech Hightlights

  1. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?