Sistema Asia Fund

The VC fund the move will fetch it attractive returns as the online pharma start-up grew 4x over past three years

With the latest infusion, the equity funding raised by Lendingkart stands at a total of $146 million, a statement said

Of the top-up, up to $40 million will be invested by Sistema, while the rest will be raised from external investors, including limited partners and high net worth individuals

Jain was earlier with venture capital firm Kalaari Capital as a senior partner

This will allow the fund to cut bigger cheques for Series-B deals