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  • Fintech unicorn Cred raises $80 million from GIC, others at $6.2 billion valuation Jun 09, 2022 09:06 PM IST

    Fintech unicorn Cred raises $80 million from GIC, others at $6.2 billion valuation

    According to Moneycontrol estimates, the Kunal Shah-led company has raised the money at a valuation of almost $6.22 billion. Existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round

  • CRED joins Bharat BillPay ecosystem as key agent institution, to streamline bill-paying Jun 09, 2022 07:48 PM IST

    CRED joins Bharat BillPay ecosystem as key agent institution, to streamline bill-paying

    The collaboration is aimed at providing CRED members with the convenience of making recurring payments across several segments like electricity, telecom, DTH, gas, education fees, water, and municipal taxes, NETC FASTag recharge, loan repayments, insurance, cable, subscription fees, mobile prepaid recharges, and others, just by logging into CRED app

  • General Catalyst to double down on investments in India, crypto and Web 3.0 in focus Mar 31, 2022 12:56 PM IST

    General Catalyst to double down on investments in India, crypto and Web 3.0 in focus

    The US-based investment firm is bullish on India and sees an opportunity to invest in Web 3.0 startups as well as fintech, healthcare, enterprise and consumer firms

  • Storyboard18 | Is CRED’s advertising getting formulaic? Mar 29, 2022 01:04 PM IST

    Storyboard18 | Is CRED’s advertising getting formulaic?

    Fintech brand CRED is back with its play on nostalgia in its latest commercial. Netizens and experts have mixed reactions. Storyboard18 finds out why.

  • CRED registers 5x growth in FY21 revenue, losses widen to Rs 524 crore Mar 04, 2022 07:17 PM IST

    CRED registers 5x growth in FY21 revenue, losses widen to Rs 524 crore

    CRED's Employee Stock Ownership Plan (ESOP) payouts in the year doubled to Rs 44 crore from Rs 22 crore in the previous year.

  • Juspay to provide offering for wallet and UPI interoperability ahead of RBI deadline Feb 17, 2022 04:35 PM IST

    Juspay to provide offering for wallet and UPI interoperability ahead of RBI deadline

    Juspay provides UPI technology for banks like Axis Bank, ICICI Bank, Yes Bank as well as merchants including Amazon, Google, CRED, Bajaj, Ola, Swiggy, among others.

  • CRED founder shares note on success. Zerodha boss seems to disagree Feb 10, 2022 05:11 PM IST

    CRED founder shares note on success. Zerodha boss seems to disagree

    CRED boss Kunal Shah is one of India’s best-known new-age entrepreneurs. Zerodha's Nithin Kamath and his older brother Nikhil were ranked 86th on the Forbes list of India’s richest in 2021.

  • Exclusive: CRED in talks to raise funding, eyes $6.5 bn valuation Feb 09, 2022 08:01 AM IST

    Exclusive: CRED in talks to raise funding, eyes $6.5 bn valuation

    In the last one and a half years, CRED has built a loan book of over Rs 2000 crore, likely with low defaults since it caters to highly credit-worthy customers.

  • 'Comfortable but...': CRED founder's take on WFH has Twitter divided Feb 08, 2022 01:50 PM IST

    'Comfortable but...': CRED founder's take on WFH has Twitter divided

    CRED founder Kunal Shah’s tweet on the impact of work from home (WFH) sparked a heated debate on Twitter on Sunday.

  • CRED debuts zero commission model for its store Jan 26, 2022 05:05 PM IST

    CRED debuts zero commission model for its store

    Founded in 2018, CRED started off as a credit card bill payments app. Over the years, it has forayed into e-commerce, lending, payments and investment segments.

  • CRED expands ESOP pool size to $500 million Jan 19, 2022 08:04 PM IST

    CRED expands ESOP pool size to $500 million

    Startups are increasingly announcing ESOP buybacks to retain and hire top talent amid an intensely competitive market.

  • Indian fintech: After record funding in 2021, what does 2022 hold? Dec 28, 2021 10:55 AM IST

    Indian fintech: After record funding in 2021, what does 2022 hold?

    Indian fintechs raised a record $9 billion in 2021, setting the tone for the funding and growth boom to continue in 2022. Experts believe continued collaboration between banks and fintechs will be crucial as neobanks and digital lending lead growth.

  • CRED chief Kunal Shah seeks ideas for 'visually stunning places to go and think', Twitter responds Dec 06, 2021 01:38 PM IST

    CRED chief Kunal Shah seeks ideas for 'visually stunning places to go and think', Twitter responds

    With Omicron threatening to disrupt travel as countries rush to impose bans on flights and send travellers into quarantine, most are seeking to travel within the national borders.

  • CRED to acquire Happay in cash and stock deal valuing the platform up to $180 million Dec 01, 2021 12:32 PM IST

    CRED to acquire Happay in cash and stock deal valuing the platform up to $180 million

    Happy currently has more than 6,000 clients including Dominos, PriceWaterhouse Coopers and Oyo and processes transactions worth over $3 billion annually

  • Storyboard18 | Ads parody ads: How does it work? Nov 25, 2021 11:14 AM IST

    Storyboard18 | Ads parody ads: How does it work?

    They aren’t exactly the bloody Cola Wars of yore. But brands are getting cheekier in commercials, spoofing other brands' ads. The question is, who is laughing?

  • Exclusive: Kunal Shah’s CRED in talks to acquire Dineout, Wint Wealth Nov 19, 2021 08:02 AM IST

    Exclusive: Kunal Shah’s CRED in talks to acquire Dineout, Wint Wealth

    The two acquisition talks shed significant light on the strategy of CRED, one of India's hottest but least understood internet startups by many

  • CRED to undertake ESOP buyback worth Rs 100 crore this year Nov 08, 2021 10:54 PM IST

    CRED to undertake ESOP buyback worth Rs 100 crore this year

    This announcement comes after the Bengaluru-based startup announced the Accelerated Wealth Program in August as an additional avenue for employees to build wealth.

  • Gaia onboards digital platforms MagicPin, CRED, Mojobox and Smytten Oct 23, 2021 05:32 PM IST

    Gaia onboards digital platforms MagicPin, CRED, Mojobox and Smytten

    Under these partnerships, Indian wellness brand Gaia aims to enhance awareness in the digital space and increase its customer base.

  • Kunal Shah’s CRED raises $251 million at $4 billion valuation Oct 19, 2021 11:28 AM IST

    Kunal Shah’s CRED raises $251 million at $4 billion valuation

    The fintech firm’s valuation has almost doubled in the last six months when it raised $215 million in Series D round in April at a valuation of $2.2 billion

  • CRED’s Kunal Shah: Self-regulation will save fintech ecosystem Sep 30, 2021 03:59 PM IST

    CRED’s Kunal Shah: Self-regulation will save fintech ecosystem

    Speaking at the Global Fintech Fest, CRED’s Kunal Shah raised concerns that the ease of access to funding is reducing the average experience of fintech founders. Fintech products and timing of offering will be the key differentiator for startups, he said.

  • LinkedIn top Startups 2021: Unicorns Unacademy, Udaan, CRED lead India list Sep 23, 2021 12:57 PM IST

    LinkedIn top Startups 2021: Unicorns Unacademy, Udaan, CRED lead India list

    The LinkedIn Startups 2021 list captures the rise of fintech players with three contactless payment solutions--CRED, RazorPay, and FamPay--making it to the top 25.

  • LinkedIn top startups India list 2021: Unicorns Unacademy, Udaan, CRED are the companies in the list Sep 23, 2021 10:59 AM IST

    LinkedIn top startups India list 2021: Unicorns Unacademy, Udaan, CRED are the companies in the list

    Others in the top 10 include upGrad (4th), Razorpay (5th), Meesho (6th), Skyroot Aerospace (7th), boAt (8th), Urban Company (9th) and Agnikul Cosmos (10th).

  • 'He is his own ecosystem': Inside Kunal Shah's unique angel investing frenzy Sep 23, 2021 08:00 AM IST

    'He is his own ecosystem': Inside Kunal Shah's unique angel investing frenzy

    The CRED founder is disrupting how entrepreneurs part with money. Kunal Shah often invests after receiving pitches on a WhatsApp message. He has an astonishing count of angel investments—200 and counting. The unconventional style has raised eyebrows, but tells you a lot about Shah. Moneycontrol profiles the man and brings out previously unreported details on his investing style

  • Why CRED Mint is not easy money? Aug 25, 2021 03:02 PM IST

    Why CRED Mint is not easy money?

  • Explained | What is peer-to-peer (P2P) lending and how does it work? Aug 24, 2021 10:31 AM IST

    Explained | What is peer-to-peer (P2P) lending and how does it work?

    Peer-to-Peer lending is a form of direct lending of money to individuals or businesses without an official financial institution participating as an intermediary in the deal. In this video, we tell you P2P lending works and help you decode its pros and cons

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