Amazon returned with three other existing investors to bring consumer and enterprise financing provider Capital Float's total funding to $125m.
India-based digital lender Capital Float has raised $15m from e-commerce group Amazon, growth equity firm SAIF Partners and venture capital firms Ribbit Capital and Sequoia India, the Economic Times has reported.
Capital Float provides loan products through an online portal, supplying working capital for enterprises and consumer debt that is offered through e-commerce channels. The funding will increase the amount it is able to lend, helping it target more customers.
The company has now raised $125m altogether, according to ET.…
