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New Deal


Announced

Completed

Bessemer Venture and SIG led a $87m Series B funding round in Lentra.

Financials

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Transaction Value£68m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Cross Border

Private Equity

Friendly

lending platform

Venture Capital

Acquisition

Private

online platforms

FinTech

India

Minority

Synopsis

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Bessemer Venture, a venture capital firm, and Susquehanna International Group, a global trading and technology firm, led a $87m Series B funding round in Lentra, a developer of an online lending platform, with participation from Citi Ventures, MUFG Bank and Dharana Capital. “We want to help and empower the banks, who are our clients, to lend better, lend completely on a digital platform and improve on all parameters,” D Venkatesh, Lentra Founder and CEO.

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