Cred on Monday said it has raised USD 81 million (about Rs 591.2 crore) in funding, valuing the fintech firm at a post-money valuation of USD 806 million (about Rs 5,883 crore). Existing investor, DST Global led the series C round along with Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst, a statement said. The company has raised USD a total of USD 228 million in four rounds till date. This includes USD 1 million in seed capital by founder Kunal Shah (QED Innovations), USD 25 million in series A and USD 120 million in series B round.
CRED gets $81 million funding from DST Partners, others at $800 million valuation
![CRED gets $81 million funding from DST Partners, others at $800 million valuation]()
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1/04/2021
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