Lendingkart

Provides working capital loans to small businesses.

Launch date

Jan 2014

Employees

Market cap

Enterprise valuation

€399m (Public information from Jun 2024)

Ahmedabad Gujarat (HQ)

Revenues, earnings & profits over time

USD	2021	2022
Revenues	65.0m	88.5m
% growth	-	36 %

Date	Investors	Amount	Round
-	Saama Capital Mayfield Fund India Quotient Bertelsmann India Investment Darrin Capital Management Anicut Capital Tata Capital State Bank of India Fullerton Financial Holdings Bertelsmann Bank of Maharashtra CSB Axis Trustee FMO Entrepreneurial Development Bank Bertelsmann Investments Errol Damelin Sistema Asia Capital Ratan Tata Sistema JSFC	N/A	-
Jul 2022*	Yes Bank	$6.3m	Lending Capital
Jun 2023*	EvolutionX Debt Capital	$24.4m	Lending Capital
May 2024*	BlueOrchard Finance	$10.0m	Lending Capital
Jun 2024*	Stride Ventures	$1.0m Valuation: $439m	Late VC
Jun 2024*	N/A	$12.0m	Debt
Total Funding		€166m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Lendingkart Oct 2016

ACQUISITION by Lendingkart Feb 2023

Financials