Capital Float Stock

Capital Float is an online platform that provides working capital finance to SMEs.

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About Capital Float Stock

Capital Float is an online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimal hassle. Capital Float was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa.

Funding History

June 2014$2.0M
August 2014$1.0M
February 2015$13.0M
May 2016$25.0M
February 2017$170M
August 2017$45.0M
April 2018$7.0M
April 2018$22.0M
July 2019$760M
January 2020$15.0M
June 2021$500M
September 2021$3.7B


Co-Founder & MD

Sashank Rishyasringa

Co-Founder & MD

Gaurav Hinduja

Sr Vice President, Operations

Prasad G R

Chief Sales Officer

R N Murthy

SVP - Business Sourcing Team

Vivian Josey

Chief Risk Officer

Ankit Satsangi

Chief Growth Officer

Tushar Garimalla

Chief Product Officer

Amit Bhor

SVP - Collections

Karthikeyan Ramaswamy

Board of Director

Kartik Srivatsa

Board Member

Patrick Fisher

Chief Financial Officer

Akshay Sarma

Chief Technology Officer

Patanjali Somayaji


livemint - Jul, 7 2022

Capital Float renames itself axio

thepaypers - Oct, 1 2021

Capital Float raises USD 50 mln

economictimes - May, 24 2019

NBFC cash crunch stings fintech firms

economictimes - Mar, 12 2019

PayU in talks to buy Wibmo

yourcolumnist - Oct, 5 2017

Startup of the week : Capital Float

pymnts - Feb, 12 2017

$79M Funded Across B2B FinTechs

timesofindia - Dec, 5 2016

Lenders use Aadhaar-based payments

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Some data provided by Crunchbase

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