Avendus Capital advises Capital Float on its USD 50 mn fund raise led by Lightrock

We are now financing 2 million purchases every month across 14,000 pin codes, while maintaining NPAs below 1.5%. This positions us as the market leader in BNPL in India today.

More importantly, we see an exponential growth opportunity ahead from this point on. By solving for affordability as well as convenience, in a fully-regulated format, we believe that our BNPL approach can responsibly expand access to credit to over 100 million customers who are starting to transact online. We are privileged to have the support of our investors in pursuing this vision and are excited to work in partnership to build a world-class digital financial institution for India