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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).

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. PB Fintech July-Sept revenue up 38% to Rs 1,613.5 crore

  2. Razorpay partners with NPCI International to launch UPI payments in Malaysia

  3. General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

  4. Jupiter raises $15 million from existing investors Mirae Asset, Beenext, 3one4

  5. Drip Capital raises $50 million debt funding from Toronto-Dominion Bank

  6. Read more news...

AI/Emerging Tech

  1. Mem0 raises $24 million from Kindred Ventures, Basis Set, Peak XV

  2. Cameo sues OpenAI for trademark infringement

  3. OpenAI completes recapitalization to form for-profit corp

  4. Amazon cutting 14,000 corporate jobs amid AI wave

  5. PayPal partners with OpenAI to enable payments within ChatGPT

  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

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

  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

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