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Lentra targets IPO in 3 years
Mint Kolkata
|November 11, 2025
The Pune-based fintech startup aims to more than quadruple its revenue to ₹1,000 crore by financial year 2028
(L to R) D. Venkatesh, chief executive officer and co-founder; Ankur Handa, president and co-founder; and Kiran Moras, chief operating officer, Lentra.
Lentra, a software as a service (SaaS) company that helps digitize lending operations at banks and non-banking finance companies, plans to sell shares on public markets in three years time, a period during which it has set itself a target to expand revenues four times, a top company executive said.
Backed by MUFG Bank and Bessemer Venture Partners, Lentra has set itself a steep revenue target of ₹1,000 crore by fiscal 2028 up from the current ₹220 crore. Valued at around $400 million, the Pune-based firm plans to grow in its next phase through artificial intelligence-led products, premium pricing, and deeper penetration with both new and existing accounts, president and co-founder Ankur Handa told
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