Lendingkart is a lending startup that provides small businesses & entrepreneurs access to working capital loans. It evaluates the creditworthiness of a customer’s business by leveraging big data & analytics. It also has another non-banking finance (NBFC) unit named Lendingkart Finance, which raises money from financial institutions & banks and lends it out to customers.
PRODUCTS & SERVICES:
LendingKart offers collateral-free working capital and other business loans to small businesses. Users can apply for loans up to INR 2 Crore which is disbursed in a maximum duration of three days. The loans are disbursed via its subsidiary NBFC AadriInfin Limited.
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The company’s main partners include Silver bank, Jiexin, Flash, Yinding, Blue Ocean, Sparkling Silver, Baojia, etc.
The company has in-house technology tools based on big data analytics and machine learning algorithms to evaluate its client's creditworthiness.
Harshvardhan Lunia, Mukul Sachan
Board Members and Advisors:
NUMBER OF EMPLOYEES:
Aditya Birla Capital, Ashish Goenka, Rhythm Ventures Ltd, Shailesh Mehta, Saama Capital, Mayfield Fund, India Quotient, Darrin Capital Management, Bertelsmann India Investments, Ashvin Chadha, Anicut Capital, Yes Bank, Kotak Mahindra Bank, Aditya Birla Financial Services, IFMR Capital Finance Pvt. Ltd, Hinduja Leyland Finance Ltd, Caspian Impact Investments Pvt. Ltd, Mannapuram Finance Ltd, Sundaram Finance Ltd., SBI, Financierings-Maatschappij voor Ontwikkelingslanden, MState, Fullerton Financial, Alteria Capital