CredFlow and Order For Health secure $4 million and Rs 1 crore in Early-Stage Funding
Two startups from India, CredFlow and Order For Health, have secured significant funding from prominent backers to further expand their operations.
CredFlow, a fintech firm providing cash flow management solutions for Indian Small and Medium-sized Enterprises (SMEs), has raised $3.7 million in pre-Series B funding round led by Inflexor Ventures and a family office based in Singapore. The funds will be used to grow its lending business vertical and develop new products.
The Delhi-based company provides solutions such as invoice collection, payment acceptance, payment reminders, and follow-up automation for SMEs. CredFlow has previously raised $9.2 million from various venture capitalists in its two previous funding rounds, including a seed round that garnered $2.1 million.
On the other hand, Bengaluru-based food brand Order For Health (O4H) has secured Rs 1 crore in seed funding led by Inflection Point Ventures as it plans to expand production and open new stores.
O4H offers salads, wraps, bowls, and beverages made with premium ingredients aimed at supporting a "health-conscious, balanced lifestyle." With a customer base of over 100,000 generating an annual revenue of Rs 6 crore ($700,000) from over 13,500 monthly orders, the food startup serves in 11 localities across Bengaluru.
Founded in 2020, O4H aims to meet the growing demand for healthy eating in Bangalore.