Loans provider to SMEs Lendingkart raises $5.95 M from BlueOrchard Finance

Fintech startup Lendingkart raised $5.95 million (INR 44 crore) in debt from BlueOrchard Finance Ltd. Lendingkart provides short-term working capital loans to small and medium sized businesses. The startup has Fullerton Financial Holdings (a unit of Singapore's Temasek Holdings), Saama Capital, Mayfield India, India Quotient, Bertelsmann India Investments, and Sistema Asia Fund among its existing investors.