Sign In
After years of a tumultuous journey, Capital Float is testing the winds again with a trending consumer lending model—buy now, pay later—that it hopes will bring it some stability. But the move could come at a cost, with the fintech lender staring at a significant fall in its valuation as it seeks more funds to build its new business.
Capital Float started operations in 2013 with a focus on lending to small and medium enterprises untouched by traditional financial players. It quickly expanded, but sometimes too fast for sustainable growth.
The new funding round could now provide a fresh lease of life to the Gaurav Hinduja and Sashank Rishyasringa founded startup as it doubles down on consumer lending, taking a detour from its origins.
Already a subscriber? Sign In
Be the smartest person in the room. Choose the plan that works for you and join our exclusive subscriber community.
Premium Articles
4 articles every week
Archives
>3 years of archives
Org. Chart
1 every week
Newsletter
4 every week
Gifting Credits
5 premium articles every month
Session
3 screens concurrently
₹3,999
Subscribe Now
Have a coupon code?
Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds
Blume Ventures
The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.
Convinced that The Captable stories and insights
will give you the edge?
Convinced that The Captable stories
and insights will give you the edge?
Subscribe Now
Sign Up Now
