Consumer and business loans company Capital Float has raised Rs 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years.
The online consumer and business loans platform has raised $110 million in funding so far from investors including Sequoia Capital, Amazon, and SAIF Partners.
The Bengaluru-based startup said it expects to use the funds to scale its operations and meet the demand of its user base of over two million customers, which has doubled over the last eight months.
