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Lendingkart raises Rs 30 crore through NCDs from Anicut Capital

Lendingkart raises Rs 30 crore through NCDs from Anicut Capital

Thursday, April 13, 2017, 10:19 PM

Digital lending company Lendingkart has raised Rs.30 crore from Anicut Capital through non-convertible debentures. Lendingkart CEO Harshvardhan Lunia said the capital will be used for strengthening the lending operations of the company’s subsidiary NBFC Lendingkart Finance Limited. “The latest round of NCDs will further bolster our loan book and enable us to serve the credit need of many more SMEs,” Lunia said.
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