Lendingkart’s last stand: a founder, a Temasek unit, an outdated deal, and a $600M wipeout
Enter your email address to receive a daily summary of all our stories. Sometime in the second quarter of 2022, Harshvardhan Lunia, the founder and then CEO of the fintech Lendingkart, boarded a flight from Ahmedabad to Mumbai. The agenda was simple: to acquire Upwards, a fellow lending company. With over 110,000 active loan accounts […]