Capital Float raises $25 mn at $100 mn valuation
Online lending platform Capital Float on Thursday raised $25 million in Series B funding round led by US-based Creation Investments and existing investors SAIF Partners, Sequoia Capital and Aspada Ventures. The latest funding has reportedly valued the startup at over $100 million. Founded in 2013, it has partnered with Snapdeal, Alibaba, Myntra and Paytm to provide working capital finance.