Equity360

Fintech startup Lendingkart has raised Rs 200 crore in long-term debt funding from financing platform EvolutionX Debt Capital. The group offers loans via its NBFC arm, Lendingkart Finance Limited, and co-lending Software-as-a-Service (SaaS) platform through its subsidiary Lendingkart Technologies. The latest funding will be deployed to launch new products such as credit cards for MSMEs, personal loans for self-employed individuals, and gold loans, the company said in a statement. 
“We are proud to be one of the few profitable fintechs operating at scale in India. Over the years, we have built efficient and robust technology to support the underserved MSME sector,” said Harshvardhan Lunia, Founder and CEO at Lendingkart Group.

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Koskii, the Bengaluru-based women’s occasion-wear brand, has raised Rs 61 crore in a Series A round of funding led by Baring Private Equity Partners India. The fresh capital will be utilised to expand offline stores, strengthen Koskii's online presence, invest in technology platforms, and hire talent.
Founded in 2017 by brothers Umar Akhter, Sameen Eajaz, and Haroon Rashid, along with their sister Ayesha S. joining later, Koskii has emerged as a leading brand in the women’s occasion wear category.

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Digantara , a Bengaluru-based startup working on space situational awareness (SSA), has raised $10 million in a Series A1 funding round led by Peak XV Partners (formerly Sequoia Capital India) and Kalaari Capital. Japan-based VC firm Global Brain, Campus Fund, and the founders of IIFL Wealth also participated in the round. "We will invest heavily in launching our space tech infrastructure to track previously unobservable objects and significantly increase data points," said Anirudh Sharma, Co-founder and CEO of Digantara.

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