New Delhi, Nov. 10 -- Lentra, a software as a service (SaaS) company that helps digitize lending operations at banks and non-banking finance companies, plans to sell shares on public markets in three years time, a period during which it has set itself a target to expand revenues four times, a top company executive said.

Backed by MUFG Bank and Bessemer Venture Partners, Lentra has set itself a steep revenue target of Rs.1,000 crore by fiscal 2028 up from the current Rs.220 crore.

Valued at around $400 million, the Pune-based company plans to grow in its next phase through artificial intelligence-led products, premium pricing, and deeper penetration with both new and existing accounts, chief executive officer (CEO) Ankur Handa told Mint....