Bengaluru: Fintech digital lender Lendingkart Technologies Private Limited has raised ₹319.24 crore as part of its Series D round led by existing investors Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments, Sistema Asia Fund and IndiaQuotient.
It had earlier raised ₹233 crore as a part of its Series D1 round, and now closed the round with fresh investments of ₹86.24 crores.
The company said it will use the funds to expand its lending base and further reach out to small and under-served small enterprises.
Along with this, it will also use the capital to further strengthen its technological and analytics capabilities. Post the closure of this round, Lendingkart has raised more than ₹1050 crore in equity capital from