Indian lendtech start-up Lentra raises $60m in Series B round

Nov 16,2022
KingData News: India-based lendtech Lentra has raised $60 million in a Series B funding. Lentra will use the money to expand into five countries next year, including the US, starting with Vietnam and the Philippines in spring. Investors: This round was led by existing investors Bessemer Venture Partners and Susquehanna International Group (SIG) Venture Capital, with participation from Citi Ventures. Project Info: Lentra currently has 50 clients in India for its Software-as-a-Service (SaaS) lending solution, which is “powered by artificial intelligence (AI), machine learning (ML) and blockchain technologies”, according to the start-up.
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