On Thursday, November 21, the SME-Focused fintech startup CredFlow secured $3.7 million in a pre-Series B round of funding, according to a company’s statement.
The round was led by two of the existing CredFlow investors, Inflexor Ventures and a Singapore-based family office.
The fresh money raised will be used to improve CredFlow’s financial services and lending and to make its technology better.
Speaking about the latest funding round, Kunal Aggarwal, Founder & CEO of, CredFlow said, “CredFlow’s latest pre-Series B fundraising, led by Inflexor Ventures and a Singapore-based family office, reflects the trust that investors place in our team’s dedication to empower SMBs and to enhance their cash flow.
Murali Krishna Gunturu from Inflexor Ventures said “We are thrilled to support CredFlow—a company dedicated to simplifying and empowering MSME business operations. Their automated platform enables business owners to seamlessly send invoices, collect payments, fast-track cash flow, and access credit with ease.”
Before this, CredFlow raised $9.2 million in two rounds of funding in 2021 and 2022. Their seed round of US $2.1 Million was co-led by Stellaris Venture Partners, Omidyar Network India, and Flourish Ventures. Notably, the same set of marquee investment firms also co-led CredFlow’s Series-A round of US $7.1 Million, which witnessed participation from White Venture Capital, Inflexor, and a few other investors, and was closed in December 2022.
Delhi-based CredFlow helps small businesses with things like collecting money from customers, accepting payments, reminding customers to pay, managing their money, understanding their finances, and keeping track of their customers. After securing its latest pre-series B round, Credflow is now on track to establish its flagship platform as a complete full-stack solution for SMEs to help them optimise their cashflows and financial management, thereby accelerating growth.
Bolstered by the recent fundraise, CredFlow will now strive to grow at an exponential pace year-on-year, while continuing to add multiple layers of SME-centric financial services solutions on top of its existing accounts receivables and cashflow automation SaaS platform.
CredFlow’s business
CredFlow, established in 2020, is a SaaS-based cash flow management solution that strives to touch base upon every single aspect of the cash flow management and financial growth process in small and medium-sized organizations.
Using the CredFlow app, businesses can reduce their working capital cycles, foresee future cashflows, and drive smarter business decisions. We are on a mission to make the MSMEs in India become cash-rich, rather than cash-strapped.
Boosting startups
Recently, one more startup company, Doodhvale Farms, has successfully raised $3 million in funding. The investment round was led by Atomic Capital, with the singularity early opportunities fund also playing a key role as a co-investor. Other contributors included Bharat Founders Fund and Indigram Labs Foundation.
Read more: Dairy startup Doodhvale Farms secures $3 million funding led by Atomic Capital
