Mumbai-based Alteria Capital has written a Rs 80 crore cheque for digital lending firm Lendingkart, the single largest transaction by the venture debt firm till date. The transaction, which is also possibly the largest deal by a venture debt firm for a home-grown startup, will see Lendingkart, which also counts the likes of Temasek-backed Fullerton Financial Holdings, Sistema Asia Fund and India Quotient as its backers, use the proceeds to further grow its business among the micro, small and medium enterprises, which it caters to. — The Economic Times

Rajaram Legal advised Alteria Capital led by a team of partner Priyadarshani Sherchan, senior associate Nikita Rajwade, associate Mahima Pradeep.

Lendingkart was represented by its in-house team.

2019-06-17

Deal value: INR 80 Crores

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