Leading digital lending platform, Lendingkart, announced the appointment of ex-Rupeek techie, Manik Dham as the Senior Director of Engineering. Giridhar Yasa, CTO, Lendingkart shared, “We are delighted to welcome Manik Dham to the team. I am confident that Manik’s expertise will accelerate our already expanding technology infrastructure and further enable Lendingkart’s tech-forward growth. As the Sr. Director of Engineering,…
Digital lending platform, Lendingkart, has appointed Parthasaradhi B as the Vice President of Engineering. As the VP of Engineering, Parthasaradhi will primarily manage the engineering team and foster an inclusive culture where ownership, speed and creativity are of paramount importance. Parthasaradhi is a valuable addition to Lendingkart’s expanding tech team. With 21+ years of in-depth…
Fintech company Lendingkart announced it has raised debt funding of Rs 75 crore from GMO LLC and Triodos Investment, according to PTI report. The company will use the funds to originate MSME (micro, small and medium enterprises) loans across all states with credit decisions in a live environment using in-house built origination engine ‘xlr8’ and…
Fintech startup Lendingkart has appointed Asit Kumar as Chief Human Resources Officer and Nitin Shiralkar as Senior Vice President, Product Engineering, according to People Matters report. In this new role, Kumar will be responsible for overseeing the company’s recruitment, talent management as well as strengthening workplace culture to create a vibrant workforce that is equipped,…
Fintech company – Lendingkart Technologies Private Limited, has made new leadership hires in Product, Data Analytics, Credit, and Risk Teams. Sundar Gosakan is on-boarded as Chief Risk and Credit Officer, Vikram Duggal is appointed as SVP Data Science and Kinjal Saxena joins as VP Product. Speaking on the new appointments, Vikram Duggal, SVP Data Science…
PaisaBazaar, the digital lending arm of PolicyBazaar recently said that it has laid off about 1,500 employees to bring down operational costs as the company’s business struggles due to the coronavirus pandemic. According to a Mint report, the layoffs constitute about half of the company’s workforce and are predominantly from roles involving operations and business…
Ahmedabad-based fintech startup Lendingkart recently laid off 30% of its workforce just days after securing a ₹319Cr funding. The move is expected to impact around 200 employees of the company. Lendingkart provides collateral-free working capital loans ranging from Rs 1 lakh to Rs 40 lakh to small businesses and MSMEs, who have taken a big…
Lendingkart Technologies Private Limited, a fintech startup that develops technology tools based on big data analysis, announced that it has raised an equity round of little over Rs 319 crore in its Series D funding led by existing investors. Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments, Sistema Asia Fund and India Quotient participated in…