India: Lendingkart lays off 30% of its staff as coronavirus impacts biz

India: Lendingkart lays off 30% of its staff as coronavirus impacts biz

Photo by James Yarema on Unsplash

Fintech digital lender Lendingkart has laid off 30% of its workforce, as business volumes of digital lending firms continue to be impacted, due to the covid-19 induced lockdown. This move is expected to impact more than 200 employees of Lendingkart, which has a total workforce of 675 staff members.