Tech Company Financing Transactions

Lentra Funding Round

Bessemer Venture Partners, Susquehanna International Group and Citi Ventures participated in a $60 million Series B venture round for Lentra. The financing was announced by the company on 11/14/2022.

Transaction Overview

Company Name
Announced On
11/14/2022
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors

Bessemer Venture Partners (Lead Investor) (Vishal Gupta)

Susquehanna International Group (Lead Investor)

Citi Ventures

Proceeds Purpose
We want to help and empower the banks, who are our clients, to lend better, lend completely on a digital platform and improve on all parameters,

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Kalpataru Infinia, 21 Old Mumbai-Pune Road, Wakadewadi, Bham
Pune, Maharashtra, 411005
IN
Phone
Undisclosed
Email Address
Overview
For far too long banks and lending institutions have been encumbered by legacy systems. The old ways of working hold them back from becoming more efficient, from acquiring customers faster and from offering their customers new-age experiences. This in addition to stringent regulations. Lentra changes this status quo offering banks a zero-risk instant lending solution that makes banks future-ready.
Profile
Lentra LinkedIn Company Profile
Social Media
Lentra Company Twitter Account
Company News
Lentra News
Facebook
Lentra on Facebook
YouTube
Lentra on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Haribandhu Patra
  Haribandhu Patra LinkedIn Profile  Haribandhu Patra Twitter Account  Haribandhu Patra News  Haribandhu Patra on Facebook
Chief Operating Officer
Shrihari Gokhale
  Shrihari Gokhale LinkedIn Profile  Shrihari Gokhale Twitter Account  Shrihari Gokhale News  Shrihari Gokhale on Facebook
Co-Founder
Dasharathi Venkatesh
  Dasharathi Venkatesh LinkedIn Profile  Dasharathi Venkatesh Twitter Account  Dasharathi Venkatesh News  Dasharathi Venkatesh on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/14/2022: Butter venture capital transaction
Next: 11/14/2022: Zenlytic venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary