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Even as revenue triples, Amazon-backed Capital Float reports a loss of Rs 92 Cr

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31.10.2018

Digital lending startup Capital Float reports 13 percent wider loss in FY18, even as revenue grows triple fold.

Bengaluru-based digital lending startup Capital Float has reported a total standalone revenue of Rs 135.10 crore in FY18. This is almost a triple fold growth from its total revenue of Rs 53.84 crore reported in FY17.

While revenue grew, the loss almost doubled for the company in FY18 and stood at Rs 92.1 crore for fiscal 2018. In FY17, the company reported a loss of Rs 63.47 crore.

In comparison, competitor........

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