Fullerton

Lendingkart co-founder takes majority shareholder Fullerton to NCLT

Lendingkart co-founder takes majority shareholder Fullerton to NCLT

24 Nov 2025, 23:17 PM

The dispute centres on what a person aware of the development describes as a dramatic collapse in Lendingkart's lending operations under the current management.

Fullerton-controlled Lendingkart to raise Rs 850 crore from existing investors

Fullerton-controlled Lendingkart to raise Rs 850 crore from existing investors

21 Nov 2025, 11:39 AM

Co-founders Raichand Lunia and Harshvardhan Lunia, along with Mukul Sachan, who had stepped down in 2019, will also infuse capital.

The same fate of two digital lending posterboys; Healthcare not AI ready?

The same fate of two digital lending posterboys; Healthcare not AI ready?

30 Sep 2025, 14:06 PM

Sep 12th Edition: How Capital Float (now Axio) and Lendingkart, in 2025, found themselves meeting the same fate; and why India’s healthcare is not ready for the AI and robotics revolution yet.

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.

Who Reads Us

Fintech Highlights

  1. RBI imposes compounding fee on Paytm over FEMA violations

  2. Aye Finance files RHP, reduces IPO size to Rs 1,010 crore

  3. Peak XV sees another top-level exits as three managing directors quit

  4. Dhan FY25 revenue more than doubles to Rs 877 crore

  5. Mobikwik Q3 revenue rises 7% to Rs 289 crore
  6. Read more news...

AI/Emerging Tech

  1. Intel eyes GPU market amid surge in AI model training demand

  2. Loop AI raises Series A funding led by Nyca Partners

  3. Fractal Analytics shrinks IPO size as Apax, TPG reduce sell-down

  4. OpenAI accuses xAI of erasing crucial evidence in new court filing

  5. Musk combines SpaceX with xAI to form 'most ambitious' engine on (and off) Earth
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding

  2. Why General Atlantic paid up for PhonePe; Voice AI for a Country that never stops calling

  3. The story behind NPCI Jogeshwari & Flipkart's AI moment

  4. The return of Super Apps; Grok triggers policy rethink + Peak XV Report
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar