Lendingkart

Lendingkart is a fintech company founded in 2014 and based in Gujarat, India. It specializes in providing working capital loans to micro, small, and medium enterprises (MSMEs) across the country. The company focuses on serving underserved small businesses that often struggle to access credit from traditional banks. Lendingkart offers digital loans with a streamlined online application process, enabling quick disbursal. Its technology-driven platform uses advanced data analytics and machine learning to evaluate borrowers based on banking data and cash flow, rather than relying solely on traditional financial statements. This approach allows for faster and more accurate loan decisions, catering primarily to young, digitally savvy entrepreneurs, especially in non-metro areas. The company has seen significant growth, with a loan book reaching ₹7,500 crore and over 750,000 loan applications evaluated by 2020.