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WHO WE ARE
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Founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa, Capital Float is the leading Fintech lender to digital India. From financing the dynamic growth of the SMEs to offering innovative point-of-sale financing for consumers, we are leading the charge in addressing the country’s enormous credit problem.

Powered by rigorous innovation and technological advancements, and with the acquisition of India’s leading Personal Finance Management App – Walnut in 2018, we’re proud to be recognized as a trailblazer in India’s Fintech revolution. We passionately serve our customers with cutting-edge financial products and strive to help them #BreakLimits.

PROBLEMS WE SOLVE

Speed and simplicity of availing credit have perennially been pain points for the Indian borrower. While there is a dearth of finance in India, few companies have identified how to bridge the gap between finance and the end-user.

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Due to decades of informal lending, a large majority of customers don’t have the necessary formal documentation to be eligible for a loan. If they do have the prerequisite documentation, they are often battling the challenges posed by the structural bureaucracy of lending in India.

Meanwhile, owing to the gargantuan geographic landscape of the country, several formal lenders are unable to cater to the financial needs of customers in tier 2 and tier 3 towns. This is where we ‘save the day’.

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HOW ARE WE SOLVING THE PROBLEMS

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Intelligent use of technology

Technology and decision sciences lie at the core of our product offerings. By leveraging these capabilities, we custom-build pocket-friendly finance solutions and offer these through digital channels.

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Short application process

Borrowers can apply for loans from Capital Float by providing their basic information. Our API-based systems auto-pull the required data using the provided information while our algorithms underwrite the application in real-time.

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Loans from anywhere, anytime

Borrowers can seamlessly avail a loan from Capital Float at multiple technological terminals such as offline and online points of sale, our mobile app and website.

WHAT WE DO

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Business Finance

Customized working capital loans to a wide range of SMEs in India with a disbursal time of under 72 hours.

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Consumer Finance

Instant EMI-based point-of-sale finance for consumers shopping with our online and offline partners.

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Hybrid Co-origination

A unique model wherein leading banks and NBFCs partner with us to co-lend to SMEs and Consumers.

OUR HISTORY

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Lifetime Loan Disbursal

₹ 8,177Cr

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Customers

4,70,313

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Cities

314

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Employees

610

$1bn disbursals

Crossed ₹ 8,000 crores in lifetime disbursals

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Lifetime Loan Disbursal

₹ 6,639Cr

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Customers

2,61,785

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Cities

212

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Employees

461

Amazon investment - $20mn equity investment from the global retailing giant

Acquired Walnut

$30mn acquisition of the company that created India’s leading personal finance management app

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Lifetime Loan Disbursal

₹ 3,806Cr

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Customers

43,729

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Cities

164

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Employees

303

Series C funding - S45mn round led by Ribbit Capital with participation from SAIF Partners, Sequoia India and Creation Investments

Launched Consumer Finance

Forayed into providing merchant checkout loans at various points-of-sales across several consumer verticals

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Lifetime Loan Disbursal

₹ 1,005Cr

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Customers

5,695

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Cities

102

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Employees

171

Series B funding - S25mn round led by Creation Investments Capital Management with Participation from Sequoia, Aspada and SAIF Partners

Disbursed India’s fastest loan

A small store owner in Bangalore received a loan from us in under 90 seconds.

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Lifetime Loan Disbursal

₹ 163Cr

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Customers

615

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Cities

38

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Employees

64

Merchant Cash Advance launched - Loans against card swipes added to Capital Float's loan mix

Co-lending model launched

India’s first formal hybrid lending created

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Lifetime Loan Disbursal

₹ 21Cr

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Customers

35

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Cities

10

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Employees

12

First partnership

Seed round of funding of

$ 4m

Our Investors