Cred

Fintech unicorn Cred spent almost Rs 2 to generate one rupee in revenue in FY23

TMT

05 October, 2023

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 ......

Tiger Global-backed Cred acqui-hires investment tech firm Spenny

Finance

23 June, 2023

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 ......

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Grapevine: Alpha Alternatives hits credit fund's first close; Mayfield exits EV bet

General

16 May, 2023

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 ......

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

General

01 May, 2023

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 ......

Elevation Capital, others bet $4 mn on Mesa School of Business

TMT

20 April, 2023

Elevation Capital, others bet $4 mn on Mesa School of Business

Mesa School of Business, a business school focused on creating startup leaders, has raised Rs 34 crore ($4 million) in ......

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Check out India's top cash-guzzling startups

TMT

04 April, 2023

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......

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Deals Digest: Small deals lead funding race this week

TMT

10 February, 2023

Deals Digest: Small deals lead funding race this week

Small-sized deals took the front seat this week as funding activity rebounded after a brief lull amid announcement of the ......

TMT

10 February, 2023

Cred's Kunal Shah lays out medium-term roadmap as losses mount

Fintech unicorn Cred is focusing on improving monetization from its existing users as its losses accumulated to over Rs 1,279.6 ......

TMT

08 December, 2022

Force Ventures, Veda VC co-lead funding round in Vidyut

Electric vehicle financing startup Vidyut on Thursday said it has secured $4 million (Rs 32 crore) in a mix of ......

TMT

29 November, 2022

Cred to acquire Matrix-backed lending enabler CreditVidya

Tiger Global-backed fintech unicorn Cred, on Tuesday said it will acquire 100% stake in lending-based big data company CreditVidya for ......

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