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Fullerton

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).

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. PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

  2. API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

  3. Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

  4. LoanTap raises Rs 74 crore to double down on supply chain financing

  5. Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

  6. Read more highlights...

Editor's Pick

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

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

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