Cred
TMT
Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%
Serial entrepreneur Kunal Shah’s fintech startup Cred managed to narrow its operating loss to Rs 609 crore in the financial ......
TMT
ByteXL, Honestly, two others raise early-stage funding
AI-powered beauty platform Honestly, edtech platform byteXL, urban transit services provider Mypickup and deeptech startup Protonas were among the four ......
TMT
How was ET Money valued in control deal by Bain-backed 360 One?
360 One WAM Ltd has agreed to acquire wealth management platform ET Money in a deal that will pitch it ......
General
Deals Digest: Funding momentum picks up as deal volume surges
Investment activity this week shot back up on a low base, even as ticket sized remained below the psychologically important ......
TMT
Kunal Shah's Cred to buy VC-backed investment platform Kuvera
Serial entrepreneur Kunal Shah’s fintech startup Cred said Tuesday it has agreed to buy mutual fund platform Kuvera for a ......
General
Grapevine: Alta Capital in fray for Indian housing firm; Cred eyes M&A
Former Blackstone executive Siddhartha Gupta's real estate investment management firm Alta Capital has emerged as the frontrunner to buy out ......
TMT
Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23
Serial entrepreneur Kunal Shah’s Cred grew its revenue rapidly in the financial year ended March 2023 as the fintech startup sought to improve monetisation by offering more products, but it spent almost twice as ......
Finance
Tiger Global-backed Cred acqui-hires investment tech firm Spenny
Serial entrepreneur Kunal Shah-founded fintech unicorn Cred, which counts Sofina, Tiger Global, FalconEdge and Dragoneer as among its investors, on ......
General
Grapevine: Alpha Alternatives hits credit fund's first close; Mayfield exits EV bet
Mumbai-based asset management firm Alpha Alternatives Group has marked the first close of its maiden structured credit fund, a media ......
General
Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC
Tiger Global, one of the most active venture capital backers in India over the past decade, has made its second ......