Capital Float acquires personal finance app Walnut for $30mn
Bengaluru-based lending company Capital Float on Tuesday announced its acquisition of Pune-based personal financial management app Walnut for $30 million. Walnut's 35-member team will be absorbed into Capital Float, with founders Amit Bhor and Patanjali Somayaji joining the senior management. Walnut investors Sequoia Capital and SAIF Partners are also members of Capital Float's board.