CredFlow
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CredFlow - overview
Established
2019
Location
Noida, -, India
Primary Industry
Financial Services
About
CredFlow, based in India, specializes in improving financial operations for businesses through its innovative mobile application that manages receivables and enhances cash flow management. Founded in 2019, CredFlow operates from Noida, India, providing automated financial management solutions. The company is led by CEO Kunal Aggarwal, who has a history of founding and managing businesses. Recently, CredFlow secured INR 312 million in pre-Series B funding on November 21, 2024, co-led by Inflexor Ventures, bringing its total raised funds to INR 312 million across three deals.
CredFlow is primarily recognized for its innovative mobile application designed to facilitate the management of receivables and streamline financial operations for businesses. The application integrates with popular accounting software, Busy and Tally, enabling users to automate payment follow-ups, generate invoices, and manage cash flow. The service is mainly tailored for small to medium-sized enterprises (SMEs) across various sectors seeking robust financial management tools, extending its reach beyond India to markets in Southeast Asia. In 2023, CredFlow generated revenue of INR 744,638.
70, while reporting an EBITDA of -INR 1,469,568. 30. CredFlow intends to utilize its recent funding of INR 312 million to enhance its technology and innovation capabilities, focusing on optimizing its loan and financial services sectors. The company plans to expand its operations into additional markets, particularly targeting regions in Southeast Asia by the end of 2025.
Furthermore, they are developing new product features aimed at improving user experience, with specific launches planned for 2025.
Current Investors
Omidyar Network, Stellaris Venture Partners, Flourish Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Credit Collections & Services
Website
www.credflow.in/
Verticals
Cloud Computing, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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