{"id":867227,"date":"2024-10-17T10:13:35","date_gmt":"2024-10-17T04:43:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867227"},"modified":"2024-10-17T10:13:35","modified_gmt":"2024-10-17T04:43:35","slug":"this-10-year-old-fintech-major-may-be-staring-at-cash-crisis","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/17\/this-10-year-old-fintech-major-may-be-staring-at-cash-crisis\/","title":{"rendered":"This 10-year-old fintech major may be staring at cash crisis"},"content":{"rendered":"<p>Lendingkart, a prominent MSME-focused lending platform, is reportedly negotiating a significant valuation cut with its existing investor, Fullerton Financial Holdings (FFH), due to a cash crisis and challenges in the unsecured loan market. According to a report in Economic Times, &#8220;Lendingkart is staring at a massive valuation cut amid a cash crisis that has hit the MSME-focused lending platform over the past few months due to stress in the unsecured loan market.&#8221; The ET report quotes people familiar with the development said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lendingkart, a prominent MSME-focused lending platform, is reportedly negotiating a significant valuation cut with its existing investor, Fullerton Financial Holdings (FFH), due to a cash crisis and challenges in the unsecured loan market. According to a report in Economic Times, &#8220;Lendingkart is staring at a massive valuation cut amid a cash crisis that has hit the MSME-focused lending platform over the past few months due to stress in the unsecured loan market.&#8221; The ET report quotes people familiar with the development said.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-867227","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867227"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867227\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}