M&A Deal Summary

Lendingkart Technologies Pvt Acquires KountMoney

On October 18, 2016, Lendingkart Technologies Pvt acquired internet software and services company KountMoney

Acquisition Highlights
  • This is Lendingkart Technologies Pvt’s 1st transaction in the Internet Software and Services sector.
  • This is Lendingkart Technologies Pvt’s 1st transaction in India.

M&A Deal Summary

Date 2016-10-18
Target KountMoney
Sector Internet Software and Services
Buyer(s) Lendingkart Technologies Pvt
Deal Type Add-on Acquisition

Target

KountMoney

Bengaluru, India
KountMoney is an online lending marketplace for personal loans. KountMoney is an online lending marketplace that enables quick and easy loan disbursals, including personal loans, gold loans, home loans, education loans, and loan against property.

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Buyer(S) 1

Buyer

Lendingkart Technologies Pvt

Ahmedabad, India

Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Lendingkart Technologies Private Limited is a fin-tech startup in the working capital space. The Company has developed technology tools based on big data analysis which facilitates lenders to evaluate borrower’s credit worthiness and provides other related services. Lendingkart Group aims to make working capital finance available at the fingertips of entrepreneurs, so that they can focus on business instead of worrying about the gaps in their cash-flows.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2016 M&A 1 of 1