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  • 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 raises fresh funds from GIC, others; valuation cut by 45 . . .
    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 Rs 617 Cr in Down Round, Valuation Drops 45% to . . .
    Cred, a leading fintech company, has raised ₹ 617 crore (approximately $ 72 million) at a valuation of $ 3 5 billion, according to regulatory filings reviewed by the Economic Times This represents a 45 % decrease from its 2022 valuation of $ 6 4 billion during its last major funding round
  • CRED valuation falls to $3. 5 billion after $75 million Series . . .
    Fintech unicorn CRED has raised approximately $75 million in a Series G funding round Lathe Investment, an arm of GIC, led the round Other participants included Sofina Ventures, RTP Global, and QED Innovation Labs, promoted by 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
  • Filings: Bengaluru-based fintech Cred, which offers rewards . . .
    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 The current fund infusion is in the form …
  • CRED Valuation Drops: GIC-Led Series G Funding Raises $75M
    Bengaluru-based fintech platform CRED has seen its valuation drop to $3 5 billion following its latest Series G funding round The fintech unicorn raised $75 million, Lathe Investment, an arm of GIC, led the round





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