Naspers plan to Invest $200 Mn in Capital Float hits Dead End

Capital Float and Naspers Ltd have called off their investment talks wherein the latter was planning to invest $200 million in the Fintech startup, according to Livemint report. Livemint claims that Sashank Rishyasringa, co-founder of Capital Float, has confirmed the news by an email. Capital Float and Naspers call off their investment talks Rishyasringa said that this…

ByGirish ShettiJune 24, 20190Comments

Capital Float buys Personal Finance startup Walnut for $30 Mn

Fintech startup Capital Float has acquired personal finance management firm Walnut for $30 Mn. The deal marks Capital Float’s first ever acquisition, which comes on the back of its recent foray into the consumer financing space. On the outset, the acquisition seems to have been done to consolidate Amazon and Sequoia backed company’s newly launched…

ByGirish ShettiAugust 21, 20180Comments

Amazon in Talks to Pick Stake in SME Lending Startup Capital Float: Report

Amazon in talks to pick stake in Capital Float. E-commerce giant Amazon Inc’s Indian division is seriously mulling to invest $ 5-10 million in SME lending platform Capital Float, according to reports in the media. The capital infusion by Amazon is reportedly part of the recent $45 million Series C funding raised by Capital Float. As part…

ByGirish ShettiDecember 18, 20170Comments

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