Lendingkart
Lendingkart: Business Model Canvas
The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.
Value Propositions
Uses data-driven analytics to streamline lending to MSMEs that traditional banks consider too risky.
sourceMission of providing finance to the underserved through robust technology, as stated by CEO Harshvardhan Lunia.
sourceCustomer Segments
Core customer base seeking short-term working capital loans that traditional banks consider too risky to underwrite.
sourceAdded via the Upwards acquisition, expanding Lendingkart's lending to micro-entrepreneurs and personal loans for blue-collar workers employed by MSME borrowers.
sourceCustomer Relationships
Channels
Operations span 14,700+ pin codes across 4,100+ cities and towns, with offices in Ahmedabad, Bengaluru, Gurgaon, Mumbai and Hyderabad.
sourceLendingkart 2gthr lets partner banks and NBFCs extend reach to last-mile MSMEs via Lendingkart's digital ecosystem, cutting loan processing time from about a month to under two weeks.
sourceKey Activities
Key Resources
Key Partnerships
Launched a co-lending scheme with banks/NBFCs (initially tied up with four to five banks and NBFCs) following RBI's revised co-lending guidelines for priority-sector lending.
sourceRevenue Streams
Interest income was INR 425.6 Cr in FY23, down 25% YoY.
sourceFinancial services income grew over 700% YoY to INR 372.8 Cr in FY23.
sourceRevenue is also diversified through commissions, advertising, and gains on the assignment of loans.
sourceCost Structure
FAQs on Lendingkart
What is Lendingkart's business model?
Lendingkart's core value proposition centers on Alternate-data underwriting for underserved MSMEs, Technology-led access to finance for the underserved.
How does Lendingkart make money?
Lendingkart's cited revenue streams include Interest income on loans, Financial services income, Commissions, advertising and gains on loan assignment.