Lendingkart crisis deepens: Founder Harshvardhan Lunia goes legal against Fullerton
Published on: Nov. 24, 2025, 6 a.m. | Source: The Economic Times
Lendingkart faces a deepening crisis as co-founder Harshvardhan Lunia launches a legal battle against majority shareholder Fullerton Financial Holdings. Allegations of mismanagement and a sharp reduction in business disbursals coincide with a proposed rights issue and concerns over the fintech's financial health and regulatory compliance.
