印度最大的在线贷款金融科技公司Capital Float宣布，平台已于近日获得来自亚马逊的2200万美元投资。该公司曾在去年8月的C轮融资中获得4500万美元的投资。去年底，有报道称亚马逊正在考虑对Capital Float进行投资，这也是C轮融资的延伸。这家来自班加罗尔的创企向媒体证实，亚马逊的投资的确是C轮融资的延伸，并将其过去一年中筹集的资产总额提高至6700万美元。
该公司由联合创始人Sashank Rishyasringa和Gaurav Hinduja于2013年创立。自创立以来，Capital Float已经从包括Ribbit Capital、SAIF Partners、Sequoia India、Creation Investments和Aspada在内的投资者那里获得了约1.1亿美元的股权融资，此外还有1.3亿美元的总债务额度。
亚马逊印度的区域经理Amit Agarwal在新闻发布会上表示：“我们很高兴能与Capital Float合作，并与其他投资者一起投资。我们对Gaurav和Sashank建立的东西印象深刻，我们支持具有使命感的企业家和管理团队。印度的信贷缺乏深度渗透，而Capital Float正在为中小企业中服务不足和非正规服务的群体提供适当的信贷解决方案，帮助他们充分发挥潜力。“
Capital Float, the fintech startup that says it is India’s largest online lender, announced today that it has raised $22 million in new funding from Amazon. At the end of last year, reports surfaced that Amazon was considering an investment in Capital Float as an extension of its $45 million Series C, which was announced last August. The Bangalore-based startup confirmed to TechCrunch that Amazon’s investment is indeed an extension of that round and brings the total equity it has raised over the past 12 months to $67 million.
Over the same period, Capital Float also raised $80 million of debt from banks and other financial companies, which it combines with its own balance sheet to finance loans to small businesses and other borrowers. Amazon India is among several e-commerce platforms that the company has partnered with to provide loans to sellers, including Snapdeal and Shopclues.
Since its inception in 2013 by co-founders Sashank Rishyasringa and Gaurav Hinduja, Capital Float has raised a total of about $110 million in equity funding from investors, including Ribbit Capital, SAIF Partners, Sequoia India, Creation Investments and Aspada, as well as total debt lines of $130 million.
During the last six months, Capital Float added 50,000 new customers, bringing its total customer base to more than 80,000 people in more than 300 cities. The startup says it currently disburses more than 10,000 loans each month and now has an outstanding loan portfolio of more than $170 million, with a default rate of about 2 percent. About 70 percent of its loans are microloans ranging from 25,000 rupees to 500,000 rupees (about $376 to $7,530).
With the investment from Amazon, the startup has set an ambitious goal of adding 300,000 new customers and originating more than $800 million in loans this year.
In a press statement, Amazon India’s country manager Amit Agarwal said, “We’re excited to work with Capital Float and invest alongside other investors. We are highly impressed with what Gaurav and Sashank have built and we back missionary entrepreneurs and management teams. Credit in India is highly under-penetrated and Capital Float is bringing the right kind of credit solutions to the underserved and informally served segments of SMEs to help realize their full potential.”
Over the last year, Capital Float expanded into more verticals, including products for small- to mid-sized manufacturers, point-of-sale financing for retailers and loans for school construction and self-employed professionals like doctors. It also added new online payment gateways to make it easier for borrowers to repay loans and began piloting deep learning-based underwriting models that use data points like image processing, geotags and new policies such as the Goods and Service Tax (GST), an indirect tax launched last year that is levied at every step of the production chain and the banknote demonetization started by Prime Minister Narendra Modi’s government in 2016.