{"id":868228,"date":"2024-10-19T11:10:26","date_gmt":"2024-10-19T05:40:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868228"},"modified":"2024-10-19T11:19:15","modified_gmt":"2024-10-19T05:49:15","slug":"temasek-arm-ffh-to-invest-rs-252-cr-in-lendingkart-to-get-controlling-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/19\/temasek-arm-ffh-to-invest-rs-252-cr-in-lendingkart-to-get-controlling-stake\/","title":{"rendered":"Temasek arm FFH to invest Rs 252 cr in Lendingkart to get controlling stake"},"content":{"rendered":"<p>Lendingkart on Friday said existing investor Singapore-based Temasek has committed to investing up to Rs 252 crore in the fintech to take a controlling stake. <\/p>\n<p>Earlier, Temasek arm Fullerton Financial Holdings (FFH) had 38.16 per cent stake in the company but the investment amount is not known. <\/p>\n<p>A company statement announcing the fundraise was, however, silent on the reports of a huge decline in valuation in the latest round of funding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lendingkart on Friday said existing investor Singapore-based Temasek has committed to investing up to Rs 252 crore in the fintech to take a controlling stake. Earlier, Temasek arm Fullerton Financial Holdings (FFH) had 38.16 per cent stake in the company but the investment amount is not known. A company statement announcing the fundraise was, however, silent on the reports of a huge decline in valuation in the latest round of funding.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-868228","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868228","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=868228"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868228\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}