Lendingkart Finance, backed by Temasek, faced losses before tax in 2024-25, breaching a covenant on its ₹75 crore bonds. The company is seeking a waiver from bondholders, who are likely to grant it given the guarantee from Lendingkart Technologies and Temasek’s increased stake. Despite the losses and a shrinking loan book, investors are comforted by Temasek’s commitment and past investments.
ETMarkets Smart Talk | “Tax, TCS & Clarity: What’s holding Indian investors back from going global”, explains Himanshu Kohli
Indian investors remain hesitant about overseas investing due to taxation complexities and operational ambiguity. Expert Himanshu Kohli advises a strategic approach to global allocation, emphasizing