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Lending platform Lentra raises $27 Mn funding to strengthen its global play

Shortpedia

Content Team
Image Credit: shortpedia

Digital cloud lending platform Lentra on Wednesday (June 7) announced that it raised $27 Mn (approximately INR 223 Cr) as part of its extended Series B funding round, which was led by MUFG Bank and Dharana Capital. MUFG Bank invested in Lentra through its Ganesha investment fund for Indian startups. In a statement, Lentra said the deal marks the first joint investment by the bank and its corporate venture capital MUFG Innovation Partners (MUIP).