Deal Street

June 15, 2020

Bertelsmann India Investments in Lendingkart Technologies ropes in S&R Associates

[ by Legal Era News Network ]


S&R Associates represented Bertelsmann India Investments (BII) in a follow-on investment in Lendingkart Technologies, a leading Indian fintech company, as part of Rs. 862 million funding round also involving Fullerton Financial, Sistema Asia Fund and India Quotient. S&R Associates also represented Bertelsmann India Investments in earlier investments in Lendingkart Technologies.

 Bertelsmann India Investments (BII) – the strategic investment arm of Bertelsmann SE & Co. KGaA in India focuses on investing in pioneering companies in the digital, education, media and services sectors.

Lendingkart Technologies Private Limited is a fintech company that has developed technology tools based on big data analysis that facilitates lenders to evaluate borrower's credit worthiness and provides other related services. The S&R team was led by partner Rachael Israel and included associates Kanika Khanna and Sarangan Rajeshkumar.

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