Fintech startup CashFlo raised $8.7 million from General Catalyst and Elevation Capital

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Fintech startup CashFlo raised $8.7 million from General Catalyst and Elevation Capital where angels investors including Jitendra Gupta from Jupiter, Amrish Rau from Pine Labs, Nitin Gupta from Uni, Rangarajan K from Five Star, Gokul Rajaram, Whiteboard Capital, Atrium Angels and Saikiran Krishnamurthy also participated.

CashFlo is a platform for vendor discounts and financing. The startup assists businesses in automating their finance processes and better managing their cash flows. CashFlo plans to invest the funds in core products and technology. Furthermore, the new funding will be used to expand its market leadership in the enterprise segment. CashFlo provides buyers with credit solutions such as treasury and working capital optimisation in order to strengthen a brand’s supply chain network. It also provides suppliers with invoice discounting services.

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Fintech startup CashFlo raised $8.7 million from General Catalyst and Elevation Capital

Fintech startup CashFlo raised $8.7 million from General Catalyst and Elevation Capital where angels investors including Jitendra Gupta from Jupiter, Amrish Rau from Pine Labs, Nitin Gupta from Uni, Rangarajan K from Five Star, Gokul Rajaram, Whiteboard Capital, Atrium Angels and Saikiran Krishnamurthy also participated.

CashFlo is a platform for vendor discounts and financing. The startup assists businesses in automating their finance processes and better managing their cash flows. CashFlo plans to invest the funds in core products and technology. Furthermore, the new funding will be used to expand its market leadership in the enterprise segment. CashFlo provides buyers with credit solutions such as treasury and working capital optimisation in order to strengthen a brand’s supply chain network. It also provides suppliers with invoice discounting services.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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