Co-founder and COO Mukul Sachan resigns from Lendingkart Group

  • According to the company, Sachan is leaving the firm to explore his interests in investment management.
  • Speaking on Sachan’s departure, Harshvardhan Lunia, CEO and Co-founder, Lendingkart, said, ” Mukul and I started Lendingkart in 2014 with a vision to financially enable the growing ecosystem of MSMEs in India.
  • Till date, the group has raised about Rs 983 crore of equity funding from various investors, which includes Fullerton Financial Holding – a fully subsidiary of Singapore Sovereign Fund – Temasek Holdings, Saama Capital, Mayfield India, Bertelsmann, Darrin Capital Management, Sistema Asia and India Quotient, among others.

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