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 Highlights

  1. Jio Financial pumps Rs 190 crore into payments bank

  2. Net1 exits MobiKwik after 8-year investment, books a loss

  3. PB Fintech co-founders sell over Rs 900 crore worth of shares

  4. Pazy secures pre-seed funding led by Inuka Capital

  5. IndiaBonds bags Rs 32.5 crore in first external funding
  6. Read more highlights...

AI/Emerging Tech

  1. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  2. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  3. At a Glance: AI Data Labeling companies beyond Scale AI

  4. Darwix AI bags seed funding

  5. Google plans to snap ties with Scale AI after Meta's "significant" investment
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case