Before that, the company raised $9.2 million in two rounds from major venture capital funds.
Delhi-based fintech startup CredFlow raises a pre-Series B funding round of $3.7 million (over Rs 31.2 crore). The round was led by two of CredFlow’s existing investors: Inflexor Ventures and a prominent Singapore-based family office. The amount raised in this round will be primarily aimed at optimizing and expanding the startup’s financial services and lending verticals, as well as enhancing its technology and innovation capabilities. Prior to this, CredFlow raised $9.2 million in two rounds from major venture capital funds.
CredFlow’s technology platform offers a range of solutions for SMBs such as invoice collection, payment acceptance, payment reminders and tracking automation, cash flow management, analytics and insights financial, CRM and many other offers. Having secured its latest pre-Series B round, Credflow is now on track to establish its flagship platform as a complete end-to-end solution for SMEs to help them optimize their cash flow and financial management, thereby accelerating their growth.
The startup plans to strategically allocate and use the new capital to expand its lending business vertical, develop several new products and solutions to cater to its target group i.e. SMEs, and acquire the right talent to support its continued growth .
Speaking about the latest funding round, Kunal Aggarwal, Founder and CEO of CredFlow, said: “CredFlow’s latest pre-Series B fundraising, led by Inflexor Ventures and a Singapore-based family office, reflects the unwavering confidence that our investors place in the dedication of our team. to empower SMEs and improve their cash flow. The funds raised in this round will primarily contribute to the expansion of our integrated digital lending arm, CredFlow Finance, and mark an important step towards acquiring our NBFC license. This milestone brings us closer to our vision of becoming the ultimate financial operating system and trusted growth partner for small and medium businesses across India.
Murali Krishna Gunturu of Inflexor Ventures said, “We are delighted to support CredFlow, a company dedicated to simplifying and empowering business operations for MSMEs. Their automated platform allows business owners to send invoices, collect payments, accelerate cash flow, and easily access credit. Our decision to invest in them stems from our confidence in Kunal’s extensive SME experience, combined with the team’s passion and commitment to delivering cutting-edge digital tools that have the potential to revolutionize operations. MSMEs in India.