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  • Cred raises fresh funds from GIC, others . . . - The Economic Times
    Fintech major Cred has closed a fresh funding round of Rs 617 crore (about $72 million) at a sharply reduced valuation of $3 5 billion, according to regulatory filings reviewed by ET This marks a steep 45% cut from the $6 4 billion valuation at which the company last raised capital in 2022
  • CRED Raises $72M Amid Valuation Reset, Eyes Profitability by FY26
    In a strategic move that reflects both resilience and recalibration, fintech unicorn CRED has secured ₹617 crore (~$72 million) from a diverse mix of investors, including Lathe Investment (GIC), RTP Global, Sofina Ventures, and QED Innovation Labs—the family office of CRED’s founder, Kunal Shah
  • Filings: Bengaluru-based fintech Cred, which offers rewards . . .
    The Economic Times: Filings: Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3 5B valuation, down from $6 4B in 2022 — The fintech major was valued at $6 4 billion in 2022 during its last major fund infusion
  • CRED Raises ₹617 Crore as Valuation Drops 45% to $3. 5 Billion
    CRED, the Bengaluru-based fintech unicorn renowned for its credit card payment platform, has closed a fresh funding round of ₹617 crore (approximately $72 million) However, this new capital comes with a significant 45% reduction in valuation, bringing the company’s worth down to $3 5 billion from its 2022 peak of $6 4 billion
  • CRED Secures $72 Million in Fresh Funding Round: Valuation . . .
    CRED, a fintech unicorn has raised ₹617 crore (approximately $72 million) from a consortium of investors in a new funding round The round features participation from prominent names such as GIC’s Lathe Investment, RTP Global, Sofina Ventures, and QED Innovation Labs, the family office of CRED founder Kunal Shah
  • CREDs valuation falls to $3. 5 billion after raising $72 . . .
    Bengaluru-based fintech major Cred has reportedly closed a new funding round worth 617 crore (about $72 million), marking a sharp 45% drop in valuation from its 2022 peak, ET reported Previously, the Kunal Shah-led unicorn was valued at $6 4 billion and has now been marked down to $3 5 billion in the latest financing round
  • CRED Raises $72M at Slashed Valuation: Strategic Reset or a . . .
    CRED, known for turning the mundane task of credit card bill payments into a members-only reward-driven ecosystem, has closed a fresh funding round of ₹617 crore (~$72 million) But this time, at a valuation of $3 5 billion, down sharply from its $6 4 billion peak in 2022





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