Lentra, a cloud-based lending software provider, has raised $27 million in an extended series B round to make way for strategic investors on its cap table, founder and CEO D Venkatesh told ET. He added that MUFG Bank and Dharana Capital have invested at a $400 million dollar valuation, the same valuation at which the…
Shashank Joshi, a renowned entrepreneur in India, and BlocPal International have announced their partnership to form a new India based fintech company, mBnk. The company will initially focus on enabling premium retailer locations in rural and semi-urban areas across the country to provide essential financial and banking services to their communities. Of a total population…