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CAPITALFLOAT
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- Unsecured loans in focus, fintechs see NBFC credit taps drying upLarge NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...
- Digital financial firm Capital Float rebrands as ‘axio’, unifies offeringsCapital Float’s unification brings checkout finance services, credit, and money management tools under one umbrella.
- Fintech is great. But not big enough to break banksThe total banking sector loans in India are Rs 110 trillion, of which Rs 55 trillion is lent to companies and Rs 30 trillion to individuals...
- Capital Float raises $50 million from Lightrock India, othersCapital Float cofounder Sashank Rishyasringa said that the newly infused capital will help the firm shore up its risk stack and also help i...
- Capital Float raises Rs 110 cr in fresh roundThe Bengaluru-headquartered NBFC will utilise the proceeds from the latest round to bolster its capital base and expand lending to small an...
- Credit Saison and Capital Float join hands to offer digital financing to SMEsAs part of the agreement, Capital Float and Credit Saison will provide working capital financing to MSMEs, particularly to those from the c...
- NBFC cash crunch stings fintech firmsCapital Float’s funding talks with PayU got stuck due to doubts about its asset quality.
- PSBloansin59minutes.com becomes largest fintech lending platform: ReportThe portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises (MSMEs) in just 59 minutes.
- Capital Float, Lendingkart see higher write-offs, lossLendingkart’s revenue jumped nearly 160% from a year ago to Rs 91.8 crore, while Capital Float’s revenue increased 154% to Rs 135 crore.
- Fintech, B2C startup funding grows 6xA sizable portion of the investments last month were grabbed by Paytm Mall ($445 million). Varthana, which offers financial support to affo...
- Capital Float partners with StoreKing to extend credit to rural IndiaThe company is exploring possibilities to ascertain how the end consumer can imbibe the benefits of this initiative.
- Capital Float will lend to small businesses and kiranasTo acquire merchants, the lender has tied up with wholesale players like Amazon Business and Metro Cash and Carry from where a large number...
- Tata Capital and Capital Float join hands to fund small businessesThe collaboration will improve the SMEs’ credit access through Capital Float’s ‘Pay Later’ product.
- Capital Float raises Rs 293 crore in Series CCapital Float currently has Rs 700 crore assets under management and is targeting Rs 1,500 crore by the end of the financial year.
- Capital Float in advance talks to raise Rs 300-croreCapital Float, which specialises in lending to small and medium enterprises, will use the fresh funds for expanding its lending portfolio t...
- Wydr ties up with lending partners for festive seasonThe partnership is based on retailers access to easy and collateral free working capital loan from the lenders with minimum documentation.
- Capital Float raises Rs 170 crore in Series-B round of fundingCapital Float has so far raised a total of $42 million and after the latest funding round, the company is valued at over $100 million.
- Capital Float raises Rs 80 crore to scale up presenceThe Bangalore-based firm will utilise the funding to expand its product portfolio and scale up presence.
- SAIF Partners to invest $ 1 million in Capital FloatCapital Float is a NBFC which focusses on e-commerce merchants, small manufacturers, and early-stage business-to business service providers.
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