Fundflo Technologies, a fintech SaaS platform, has raised an undisclosed amount of Seed funding from Ashish Kacholia of Lucky Investments.
The fundraiser will help the company to invest in new technologies and come up with new offerings.
Company: Fundflo Technologies Pvt. Ltd
Raised: Undisclosed
Round: Seed Round
Funding Month: July 2022
Lead Investors: Ashish Kacholia
Additional Investors:
Company Website: https://www.fundflo.ai/
Software Category: Accounts Receivable (AR) and Accounts Payable (AP) automation
About the Company: Founded in 2021 by Rattan Chugh and Rajesh Patil, Fundflo offers cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation through its SaaS platform for the CFO’s office. Suited for manufacturing and trading businesses, it helps them transform their order into cash, treasury, and record-to-report processes. Fundflo Technologies has the vision to transform the working capital cycle of businesses by digitizing the B2B supply chain ecosystem across suppliers, manufacturers, distributors, and lenders. Fundflo’s AR automation solution interfaces with Customer’s ERP to enable electronic invoice presentment to its distributors, with an application of relevant credit terms, and payments using various cost-effective B2B payment methods like NACH, NEFT, RTGS, IMPS.
Source: https://www.entrepreneur.com/article/431759