{"id":868296,"date":"2024-10-19T11:41:50","date_gmt":"2024-10-19T06:11:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868296"},"modified":"2024-10-19T11:54:42","modified_gmt":"2024-10-19T06:24:42","slug":"lendingkarts-investor-fullerton-acquires-controlling-stake-in-company-for-rs-252-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/19\/lendingkarts-investor-fullerton-acquires-controlling-stake-in-company-for-rs-252-crore\/","title":{"rendered":"Lendingkart\u2019s investor Fullerton acquires controlling stake in company for Rs 252 crore"},"content":{"rendered":"<p>MSME lender Lendingkart\u2019s existing investor Fullerton Financial Holdings (FFH) has acquired a controlling stake in the company for Rs 252 crore, the company announced on Friday. FFH, which is a wholly-owned independent portfolio company of Singapore-headquartered investment company Temasek, will become a majority controlling shareholder in Lendingkart following the regulatory approval of the deal. Fullerton had a 38.16 per cent stake in the company as of March 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSME lender Lendingkart\u2019s existing investor Fullerton Financial Holdings (FFH) has acquired a controlling stake in the company for Rs 252 crore, the company announced on Friday. FFH, which is a wholly-owned independent portfolio company of Singapore-headquartered investment company Temasek, will become a majority controlling shareholder in Lendingkart following the regulatory approval of the deal. Fullerton had a 38.16 per cent stake in the company as of March 2024.<\/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":[63,4,12],"tags":[],"class_list":["post-868296","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868296","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=868296"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868296\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}