Capital Float raises 500 million in debt from Triodos IM

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These funds are being strategically deployed towards scaling up growth in credit delivery, as the company has doubled its base over the last 8 months to over 2 million customers. It also offers a full suite of financial planning and management tools through its Walnut app, including small-ticket credit facilities for self-employed entrepreneurs and salaried professionals. Sashank Rishyasringa, co-founder and MD, Capital Float said, “We are delighted to have Triodos IM as our long-standing debt partner and we truly value their support in our journey. We appreciate the faith of our partners in our ongoing journey of revolutionizing financial services in India.” Aditya Mohan, Senior Investment Manager, Triodos IM added, “Over the last three years, we have enjoyed a fruitful association with Capital Float. The company aims to cross 4 million credit customers by the end of this fiscal year, with a 2x increase in run rate disbursals.

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