You are here: Home » Companies » Start-ups » News
Ola Electric names Hyundai veteran Yongsung Kim as global sales head
icon-arrow-left
Business Standard

Cred joins unicorn club with $215 million fund raise

Valuation touches $2.2 bn; startup initiates ESOP buyback worth $5 million

Topics
Fintech sector | Fintech start-ups | credit score

Samreen Ahmad  |  Bengaluru 



Cred
Cred is a credit card bill payment platform that rewards its members for pay their bills on time

Fintech startup Cred is the latest homegrown company to enter the unicorn club with a $215 million Series D funding which was led by new investor Falcon Edge Capital and existing investor Coatue Management. While Insight Partners joined the company cap table, existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina also participated in the round.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, April 06 2021. 16:20 IST

RECOMMENDED FOR YOU

.