CredFlow, Order For Health have secured early-stage funding, raising as much as $4 million in total, the companies said Thursday.
CredFlow, a fintech startup that provides cash flow management solutions to Indian SMEs, has raised $3.7 million (over Rs 31.2 crore) in pre-Series B funding round, led by existing backers – Inflexor Ventures and a Singapore-based family office.
The Delhi-based company said the funds raised will be used for growing its lending business vertical, developing multiple new products and solutions.
The startup provides a range of solutions for SMEs such as collection of invoices, payment acceptance, payment reminders and follow-up automation among others. In its prior two rounds, the startup raised $9.2 million from VCs.
In 2021, it raised $2.1 million in seed round led by Stellaris Venture Partners, Omidyar Network India and Flourish Ventures.
Food brand Order For Health (O4H) has raised Rs 1 crore in a seed funding round led by Inflection Point Ventures as it looks to expand production and open new stores.
The Bengaluru-based startup offers salads, wraps, bowls, and beverages using premium ingredients to support a "health-conscious, balanced lifestyle".
It claims to have a customer base of over 100,000, generating an annual revenue of Rs 6 crore ($700,000) and processing over 13,500 monthly orders.
O4H was founded in 2020 and serves in 11 localities in Bengaluru.
