Fintech startup Capital Float raises $45 mn in Series C round led by Ribbit Capital

Capital Float raised$45 million in series C
By Arti Singh and Bruhadeeswaran R.

Bengaluru-based digital lending platform Capital Float has raised $45 million (Rs 293 crore) in its Series C round of funding led by Silicon Valley-based fintech-focussed venture capital firm Ribbit Capital.

Existing investors SAIF Partners, Sequoia India and Creation Investments also participated in the round, Capital Float said in a statement.

“At least half of the capital came from Ribbit Capital,” Capital Float co-founders Sashank Rishyasringa and Gaurav Hinduja told VCCircle.

Read more at VC Circle.

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