Bengaluru: Digital lending company for small business Zen Lefin, known by its trade name Capital Float, has raised Rs 17 crore from IFMR Capital Finance and its alternative investment fund by allotting nonconvertible debentures (NCDs), bringing the company’s total capital raised through the route…
Tag: ALM
Capital Float secures ₹17 cr funding from IFMR Capital through NCDs
Capital Float, a finance technology startup which helps SMEs secure capital online, has raised close to ₹17 crore in a round led bt IFMR Capital Finance and its alternative investment fund. Unlike others, this is not a private equity deal. The company has raised money by allotting Non-Convertible…