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Lendingkart’s losses mount 7X in FY22 while scale grows 24%

After a flat FY21, Lendingkart has managed to grow around 25% and crossed the Rs 600 crore revenue threshold during the last fiscal year (FY22). However, this growth has been accompanied by a steep rise in losses which ballooned 7X in FY22.

#Lendingkart #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/10/lendingkart-losses-mount-7x-in-fy22-while-scale-grows-24/
Lendingkart’s losses mount 7X in FY22 while scale grows 24% After a flat FY21, Lendingkart has managed to grow around 25% and crossed the Rs 600 crore revenue threshold during the last fiscal year (FY22). However, this growth has been accompanied by a steep rise in losses which ballooned 7X in FY22. #Lendingkart #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackr.com/2022/10/lendingkart-losses-mount-7x-in-fy22-while-scale-grows-24/
ENTRACKR.COM
Lendingkart’s losses mount 7X in FY22 while scale grows 24%
After a flat FY21, Lendingkart has managed to grow around 25% and crossed the Rs 600 crore revenue threshold during the last fiscal year.
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