- 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. Co-founder Sashank Rishyasringa told ET, “The deal […]