GIC Leads CRED’s $140 Mn Series F Funding Round, Valuation Surges To $6.4 Bn

GIC Leads CRED’s $140 Mn Series F Funding Round, Valuation Surges To $6.4 Bn

SUMMARY

The round also saw participation from existing investors such as Sofina, Tiger Global, FalconEdge, and Dragoneer

The startup has raised more than $466 Mn in multiple rounds of funding since April 2021

India’s addressable fintech market opportunity is expected to reach the $1.3 Tn mark by 2025: Report

Fintech unicorn Cred has raised $140 Mn as part of its Series F funding round led by Singapore-based sovereign wealth fund GIC.

The round also saw participation from existing investors such as Sofina, Tiger Global, FalconEdge, and Dragoneer. According to a company spokesperson, the startup was valued at $6.4 Bn in the funding round.

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