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CredR raises Rs 38 crore from Omidyar Network, existing investors

CredR is India's largest used motorcycles consumer brand that integrates online and offline user buying experience through a chain of over 50 CredR franchisee showrooms

Press Trust of India  |  New Delhi 

Rupee, cash, money

Incredible Technologies Private Ltd (CredR) on Friday said it has raised Rs 38 crore ($6 million) from India and its existing investors.

CredR is India's largest used motorcycles consumer brand that integrates online and offline user buying experience through a chain of over 50 CredR franchisee showrooms across Pune, Bengaluru, Delhi-NCR, Jaipur, Kota and Hyderabad, the company claimed in a release.

Prior to this funding round, the company had raised funds from Eight Roads Ventures, AngelList, GrowthStory, Angel investors and venture debt from Blacksoil capital, it added.   

First Published: Fri, December 06 2019. 22:30 IST
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