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Capital Float Looks To Raise Up To $150M From New, Existing Investors

by livemint.com posted 3months ago 35 views
CapFloat Financial Services, which owns Capital Float, has held talks with South Africa’s Naspers for the fundraising. : Mumbai: Digital lending firm Capital Float, which counts Amazon and Sequoia Capital among its existing backers, is in talks to raise $100-150 million in fresh funding from new and existing investors, three people aware of the discussions said. CapFloat Financial Services Pvt. Ltd, which owns Capital Float, has held talks with South Africa’s Naspers, the people mentioned above said on condition of anonymity. The talks are still at an early stage and may or may not result in a deal, they added.

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