Temasek’s Fullerton picks up controlling stake in Lendingkart for Rs 252 cr

Fullerton Financial Holdings (FFH), a wholly owned subsidiary of Singapore’s Temasek, has acquired a controlling stake in Lendingkart, a fintech firm in the micro, small, and medium enterprises (MSME) lending space.

FFH will infuse Rs 252 crore into the company, following which it will become a majority controlling shareholder in the Ahmedabad-based company.