India-based SME financing platform Lendingkart has raised a US$87 million Series C round led by Singapore-based Fullerton Financial Holdings. Existing investors Sistema Asia Fund, Bertelsmann India Investments, Mayfield Fund, India Quotient and Saama Capital also participated in the round. Lendingkart will use the new funds to improve its technological and analytics capabilities, expand its credit products to include micro-enterprises and offer more choice to small enterprises.