Capital Float Raises $2.3 Mn Funding From Mahindra And Mahindra Financial Services

Capital Float Raises $2.3 Mn Funding From Mahindra And Mahindra Financial Services

Bengaluru-based online lending platform for SME’s Capital Float has raised $2.3 Mn (INR 15 Cr) from Mahindra and Mahindra Financial Services. The funds have been raised against the allotment of non-convertible debentures (NCDs).

Non-convertible debentures do not convert into equity shares, thus, can yield a higher interest rate.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.