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Lendingkart raised INR 50 crore in a debt funding from InCred Capital and Yubi

Non-banking finance company (NBFC) and lending tech startup Lendingkart raised INR 50 crore in a debt funding from InCred Capital and Yubi.

Lendingkart has developed big data and machine learning-based technologies to assist lenders in determining the creditworthiness of borrowers and, in response, provide supplementary services to them. The startup will use the funds to provide small and medium-sized enterprises with on-lending business loans. Over 1.40 lakh loans, according to Lendingkart, have been given to more than 1.2 lakh MSMEs in India. Additionally, it asserts that it has provided services in more than 4000 Indian cities.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

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by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link