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.