Temasek-owned Fullerton to take majority control in cash-strapped Lendingkart for Rs 252 crore

MSME- focused digital lending platform Lendingkart has secured a commitment of Rs 252 crore from its existing investor Temasek-owned Fullerton Financial Holdings (FFH), the company said on Friday. The investment comes amid Lendingkart facing a severe cash crisis and a larger stress in the unsecured loan market.