Lendingkart acquires Upwards to scale offerings, deal pegged at INR 100-120 Cr


Content Team
Image Credit: Inc42

Fintech startup Lendingkart has acquired digital lending platform Upwards. Speaking to Inc42, Lendingkart founder and chief executive officer (CEO) Harshvardhan Lunia said that the deal was pegged somewhere between INR 100 Cr and INR 120 Cr. The move will enable Upwards to leverage Lendingkart’s credit, capital and distribution capability to further deepen its presence across the country.