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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.

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Who Reads Us

Fintech Highlights

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  2. Qapita secures Series B funding led by Charles Schwab

  3. Amazon Pay India reports Rs 2,097 crore in FY25 revenues

  4. Fintech startup Niro shuts down after raising $20 million

  5. Aagama Ventures floats Rs 400 crore fund to back fintech startups

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AI/Emerging Tech

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  2. GreyLabs AI secures Series A led by Elevation Capital

  3. Anthropic ropes in ex-Stripe CTO Rahul Patil as chief technical officer

  4. OpenAI valuation touches $500 billion as employees sell shares

  5. OpenAI partners with Samsung, SK to expand AI infra under Stargate project

  6. Read more news...

Money & Machines

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

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

  4. Reliance's startup moment; Amazon, Flipkart's NBFC play

  5. Previous editions...

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  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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