India, March 28 -- Update | March 28, 2025, 2:40 AM

MSME-focussed lending tech platform Lendingkart announced that Temasek-owned Fullerton Financial Holdings (FFH) has acquired a majority stake in the startup.

In a statement, the fintech startup said that the Reserve Bank of India (RBI) has granted its approval for the deal which saw FFH infuse INR 252 Cr in Lendingkart as part of its Series E round.

The lending tech startup added that the acquisition will "strengthen" Lendingkart Group's long-term growth prospects and provide "deeper financial flexibility" to support sustainable growth.

"The successful closure of our Series E round is a strong validation of Lendingkart Group's vision to empower MSMEs with ease of access to credit. Wi...