This 10-year-old fintech major may be staring at cash crisis TOI TECH DESK — Times of India

Facing a massive valuation cut from $350 million to $100 million, MSME-focused Lendingkart negotiates with existing investor Fullerton Financial Holdings amid a cash crisis and challenges in the unsecured loan market. The company’s shift to co-lending models has affected its revenue potential and profitability.Facing a massive valuation cut from $350 million to $100 million, MSME-focused Lendingkart negotiates with existing investor Fullerton Financial Holdings amid a cash crisis and challenges in the unsecured loan market. The company’s shift to co-lending models has affected its revenue potential and profitability. …Read More