Subscribe

Fullerton Financial Holdings

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.

Who Reads Us

Fintech Highlights

  1. PayU introduces AI-powered voice assistant for merchant onboarding

  2. RBI returns Ujjivan SFB's application to transition into universal bank

  3. Decentro launches Banking Connect integration amid DGGI scrutiny

  4. Govt notifies Rs 10,000 crore Startup India Fund of Funds 2.0

  5. BharatPe co-founder Shashvat Nakrani on his way out
  6. Read more news...

AI/Emerging Tech

  1. TraqCheck raises Series A funding led by IvyCap Ventures

  2. OpenAI acquires AI personal finance startup Hiro

  3. Nava raises $22 million funding led by Greenoaks Capital

  4. Agentic AI startup Xccelera bags funding from angel investors

  5. InsideFPV executes Rs 10 crore defence contract to supply indigenous drones
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

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

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]