CredFlow Secures $3.7 Million in Funding
CredFlow Secures $3.7 Million in Funding

CredFlow Secures $3.7 Million in Funding

News summary

CredFlow, a fintech startup from Delhi, has successfully raised $3.7 million in a pre-Series B funding round led by Inflexor Ventures and a Singapore-based family office. The funding will be utilized to enhance its financial services, expand its lending verticals, and improve technology capabilities, with plans to acquire an NBFC license. CredFlow aims to support small and medium enterprises (SMEs) in India by offering comprehensive cash flow management solutions, including invoice collection and payment automation. The company has previously raised $9.2 million from various investors, claiming to assist over 1.5 lakh SMEs and integrate $600 billion worth of invoices onto its platform. Additionally, food brand Order For Health has raised Rs 1 crore in seed funding to expand its healthy food offerings and production capabilities, building on its existing customer base of over 100,000.

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