Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs and consumers.

[1] The company listed on the Indian stock exchanges in January 2008 following an initial public offering.

[11][12] The company later exited legacy businesses of forex, wealth, and broking, and reduced wholesale lending sharply.

Between 2014 and 2017, Capital First raised funding from PE players and Qualified Institutional Placements (QIP).

[18][19][20] On 13 January 2018, IDFC Bank and Capital First announced a merger in a joint press release.