Lendingkart has appointed Prashant Joshi as its new Chief Executive Officer, marking a key leadership transition as the company gears up for its next phase of expansion and innovation in the MSME lending space.
Joshi brings over three decades of experience across retail banking, SME lending, and corporate finance. He previously served as Managing Director and Head of Consumer Banking Group at DBS Bank. His leadership credentials also include key roles at IndoStar Capital Finance, Deutsche Bank, Standard Chartered, and IDBI Bank.
With Joshi at the helm, Lendingkart aims to deepen financial inclusion for small businesses, enhance technological capabilities, and expand into underserved markets. The backing from Temasek-owned Fullerton Financial Holdings is expected to fuel scalable and sustainable growth.
Founded in 2014 by Harshvardhan Lunia and Mukul Sachan, Lendingkart competes with the likes of Indifi, Yubi, Kinara Capital, and Incred