Tech Company Financing Transactions
CRED Funding Round
Alpha Wave Ventures, Dragoneer Investment Group and Sofina joined a $6.4 billion Series F funding round for CRED. The financing closed on 6/9/2022.
Transaction Overview
Company Name
Announced On
6/9/2022
Transaction Type
Venture Equity
Amount
$6,400,000,000
Round
Series F
Proceeds Purpose
The funding comes at a time when the Indian startup ecosystem, like those elsewhere, navigates a sharp reversal in pricing and frequency of funding rounds.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
404 Uphar II CHS Limited Plot Number 5 BHD Sanjeeva Enclave
Mumbai Maharashtra, 400061
India
Mumbai Maharashtra, 400061
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
CRED is a members only credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get access to exclusive rewards and experiences from premier brands upon clearing their credit card bills on CRED.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kunal Shah
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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