Online lending startup Capital Float raises $2.5 mn from IFMR Capital

ThinkstockPhotos-515894208Online lending platform Capital Float, operated by Bangalore-based Zen Lefin Pvt Ltd, has raised Rs 17 crore ($2.5 million) from Chennai-based non-banking financial company IFMR Capital Finance and its alternative investment fund by allotting non-convertible debentures (NCDs), a company spokesperson said. Capital Float, founded in 2013 by Stanford University alumni Sashank Rishyasringa and Gaurav Hinduja, […]

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