India, March 14 -- Capital is the fuel to accelerate a business. But for India's 63 Mn micro, small and medium enterprises, which accounted for 45.73% of total exports in FY24, securing collateral-free business loans remains a major hurdle, slowing their growth and competitiveness. Fortunately, India's ongoing fintech revolution and new-age startups have risen to the occasion to plug this credit gap. Among them is Lendingkart, a digital-only MSME lending platform set up by Harshvardhan Lunia, a banker-turned-entrepreneur.

Born into a self-made business family based in Ahmedabad, Lunia is an alumnus of the Indian School of Business and ICAI (Institute of Chartered Accountants of India). He spent a decade in corporate banking, holding seni...