Amazon has supplied $22m to help the business lending platform boost its latest round to $67m and its overall funding to almost $110m.
E-commerce and cloud computing firm Amazon has invested $22m in India-based online lending platform Capital Float as part of a series C round that now totals $67m, Hindu Business Line reported today.
The extra capital will be added to the $45m the company raised from Ribbit Capital, which led the tranche, fellow venture capital firms SAIF Partners and Sequoia India, and alternative investment manager Creation Investments in August 2017.
Capital Float offers short-term working capital and unsecured business loans to…
