Capital Float
 | |
| Private | |
| Industry | Financial technology |
| Headquarters | Bangalore, Karnataka, India |
Area served | India |
Key people |
Sashank Rishyasringa[1] (Co-founder) Gaurav Hinduja (Co-founder) Rohan Angrish (CTO) Utham Reddy (Vice President - Product) Kumanan Rajagopal (Vice President - eCommerce Sales) |
| Services | Loan financing |
| Slogan | Digital SME Finance |
| Website | CapitalFloat.com |
Capital Float is an online lending platform in India. [2][3]
Capital Float is the trade name of Zen Lefin Pvt. Ltd., a non-banking finance company (NBFC) registered with the RBI.[4]
History
Started in 2013 by Sashank Rishyasringa and Gaurav Hinduja, Capital Float has offices in New Delhi, Mumbai, and Bangalore. It is currently headquartered in Bangalore. Capital Float raised funds of close to $13million.[5]
Investors
Capital Float’s recent round of funding has helped raise around $13million and is funded by Aspada, SAIF Partners, and Sequoia Capital.[6][7][8][9]
Partnerships
Capital Float partnered with Amazon, Flipkart, Voonik, Snapdeal, Paytm, Myntra, and ShopClues. This enables Capital Float to acquire more visibility into the market and understand the conduct of the potential customers.[10][11]
References
- ↑ "http://www.business-standard.com/article/companies/soros-backed-aspada-invests-in-capital-float-114062501311_1.html". Business Standard. Retrieved 14 June 2015. External link in
|title=(help) - ↑ "Capital Float, An Online Lending Platform For Indian Entrepreneurs, Scoops Up $13M From Sequoia and SAIF". TechCrunch. Retrieved 14 June 2015.
- ↑ "Aiming to make biz loans as simple as shopping online, India’s Capital Float raises $1 million". Tech in Asia. Retrieved 14 June 2015.
- ↑ "Sequoia Capital, SAIF Partners Lead Series A Round In Digital Finance Portal Capital Float". DealCurry.com. Retrieved 14 June 2015.
- ↑ "Digital finance firm Capital Float raises $13 mn". Business Standard. Retrieved 14 June 2015.
- ↑ "Capital Float gets $13M from SAIF, Sequoia to give startups easier access to loans". Tech in Asia. Retrieved 14 June 2015.
- ↑ "Capital Float raises Rs 6 crore from venture capital firm SAIF Partners". The Economic Times. Retrieved 14 June 2015.
- ↑ "Online SME lending platform Capital Float raises $13M from Sequoia, SAIF & Aspada". VCCircle. Retrieved 14 June 2015.
- ↑ "Bengaluru-based lending platform Capital Float raises $13 million". The American Bazaar. Retrieved 14 June 2015.
- ↑ "Flipkart Marketplace partners Capital Float & Lendingkart to offer sellers easy access to loans". MediaNama. Retrieved 14 June 2015.
- ↑ "Start-ups: Bangalore firm Capital Float bets on e-commerce for growth". The Economic Times. Retrieved 14 June 2015.
External links
- Capitalfloat.com - Official website