Capital Float raises $50 Million into equity funding led by Lightrock India
Aboli Deodhar
Capital Float has observed active growth over the past year, including 2.5 million customers now utilizing its product to finance over ₹2,000 crores of online buying annually. – Aboli AA Deodhar Mumbai: Digital lending startup Capital Float has increased $50 million in Light rock India’s private equity firm performance. The investment cycle saw existing investors Sequoia Capital India, Ribbit Capital, and Creation Investments. Angel investors such as David Vélez, originator of Nubank. Kunal Shah, founder of Cred, and Amrish Rau, Pine Labs CEO, also engaged in the round. Capital Float specializes as a Buy Soon, Pay Later (BNPL) firm. The…