Lendingkart raised INR 75 crore in a debt funding

&NewLine;<p>Non-banking finance company&lpar; NBFC&rpar; and lending tech platform <a href&equals;"https&colon;&sol;&sol;www&period;lendingkart&period;com&sol;" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener" title&equals;"NBFC">Lendingkart<&sol;a> raised INR 75 crore in a debt funding from GMO LLC and Triodos Investment Management&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p> <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<figure class&equals;"wp-block-image size-full"><img src&equals;"https&colon;&sol;&sol;softwaremania&period;in&sol;wp-content&sol;uploads&sol;2022&sol;07&sol;lendingkart&lowbar;softwaremania&period;jpeg" alt&equals;"Lendingkart&lowbar;softwaremania" class&equals;"wp-image-252921"&sol;><&sol;figure>&NewLine;&NewLine;&NewLine;&NewLine;<p>Lendingkart created technology tools based on big data analysis and machine learning&lpar; ML&rpar; algorithms to help lenders in assessing borrowers&&num;8217&semi; creditworthiness and giving other allied services&period; <a href&equals;"https&colon;&sol;&sol;softwaremania&period;in&sol;category&sol;latest-news&sol;" title&equals;"Latest News">The new funding<&sol;a> will be used by the fintech company to give MSME loans across countries&period; Credit opinions will be formed in real time using the company&&num;8217&semi;s in- house loan origination engine xlr8 and zero- communication features&period; The Lendingkart group claims to hold estimated roughly&comma;500&comma;000 applications and to have expended over1&period;4 lakh loans to1&period;2 lakh MSMEs across&comma;4000&plus; localities&period; Lendingkart likewise claims to have expended further than&dollar; 1 billion in loans to date&period;<&sol;p>&NewLine;