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The round also saw participation from existing investors Notable Capital, NEA, Neo Ventures and 8VC, along with new investors Acrew, Forerunner, Goodwater and Peak XV.
The startup also received its final approval from the RBI to act as a payment aggregator for cross-border transactions.
The new NBFC license enhances CredFlow's existing lending operations, which is projected to hit Rs 100 crore in assets under management this year.
Google claims the video generation system undergoes rigorous "red teaming" and evaluations to detect and address potential risks before launch.
The startup plans to utilize the fresh capital for growing its lending business vertical, developing multiple new products and hiring.
