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Lendingkart raises $30m

India based provider of working capital to micro, small and medium-sized enterprises raised $30m in Series D funding from Fullerton Financial Holdings, Bertelsmann India Investments, and India Quotient.

“Micro and small businesses represent a vibrant yet underserved segment of the Indian economy. The support of all of our customers, investors and employees is empowering us to build the leading financial services platform for this segment,” said Harshvardhan Lunia, co-founder and managing director of Lendingkart.

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