Fintech startup Lendingkart has acquired Mumbai-based Upwards in a deal pegged at ₹100-120 crore, Founder and CEO Harshvardhan Lunia said. Lendingkart told Business Today that Shunwei Capital, one of the investors in Upwards, will be exiting the company following the acquisition. Backed by India Quotient and Mayfield Fund, Upwards claims it has disbursed over ₹500 crore worth of loans.