Temasek-backed Fullerton to acquire a controlling stake in Lendingkart for $30m.

Synopsis

Temasek-backed Fullerton, an independently managed investor in financial and related services, agreed to acquire a controlling stake in Lendingkart, a digital lending platform focused on small and medium enterprises, for $30m.

Principals

target

LENDINGKART

bidder

Fullerton Financial Holdings Pte

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