Multifunctional carbon fiber-reinforced polymer (CFRP) composites are promising structural materials for lightweight applications. However, the low conductivity in the through-thickness direction of the composites limits its applications in the fields that require the high stability of composite against lightning strikes. This work presents the study on the synergetic effect of conducting polymer, polyaniline (PANI), and graphene nanoplatelets (GNP) for increasing the electrical conductivity of CFRP composites. PANI doped GNP flexible film is fabricated with the aid of compatible polymer polyvinylpyrrolidone (PVP), and its effect on the electrical conductivity of CFRP composites has been studied. About 250% in through-thickness conductivity has improved with 11 wt% GNP as a function of the composite. The incorporation of conductive film not only increases the conductivity of the CFRP laminates but also enhances the resistance against lightning strikes. Scanning Electron Microscopy (SEM), Thermogravimetric Analysis (TGA), three-point bending tests were used to analyze the morphology, thermal stability, and mechanical strengths of the composites. Finally, the observation of post-strike damage confirms the importance of through-thickness conductivity for mitigating the lightning strike damage.