March 25, 2017 10:37 PM ET

Diversified Financial Services

Company Overview of Zen Lefin Pvt Ltd.

Company Overview

Zen Lefin Pvt Ltd., doing business as Capital Float, operates an online platform that provides working capital finance and business loans to SMEs in India. The company offers short-term loans to purchase inventory, service new orders, or optimize cash cycles. It serves apparel, healthcare, and auto components manufacturing businesses; B2B services businesses, including transport and logistics, facilities management, and professional services businesses; and pharmaceuticals, food, and equipment/electronics distributors. The company was incorporated in 1993 and is based in Bengaluru, India.

Gokaldas Chambers

#222/14, 3rd Floor, 5th Main

Bellary Road

Sadashivnagar

Bengaluru,  560080

India

Founded in 1993

Phone:

91 80 6768 3920

Key Executives for Zen Lefin Pvt Ltd.

Co - Founder
Vice President of Credit
Vice President of Product
Compensation as of Fiscal Year 2016.

Zen Lefin Pvt Ltd. Key Developments

Capital Float Presents at LendIt USA Conference 2017, Mar-06-2017

Capital Float Presents at LendIt USA Conference 2017, Mar-06-2017 . Venue: Jacob Javits Center, New York, United States. Speakers: Gaurav Hinduja, Co-Founder & Managing Director.

Zen Lefin Reportedly In Talks For Fund Raising With Warburg Pincus

Warburg Pincus LLC is in talks to lead the funding for Zen Lefin Pvt Ltd. Warburg is in advanced talks to lead the next round of funding in Zen Lefin, according to a three people aware of the ongoing discussions. "Currently, Warburg is looking to invest up to $75 million in Series C funding in Capital Float although the final figure as well as the terms of investment could change as the discussions are yet to conclude," said one of the three persons, who requested anonymity because the talks are private. "Warburg feels that Capital Float will be a good fit to Capital First's current portfolio," the second person added. Mint added that Warburg Pincus spokesperson declined to comment. "We are currently focused on growing the business, and are not actively fund-raising at this time. Our Series B funds raised earlier this year are being deployed in growing loan originations, investing in our technology platform, and expanding our footprint across the country," Capital Float said in an email response.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 12, 2016
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