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CRED becomes India’s latest unicorn; closes $215 Mn at $2.2 Bn valuation

Shortpedia

Content Team
Image Credit: shortpedia

CRED has announced the close of its Series D funding round, which has seen Falcon Edge Capital come on board as a new investor, as well as participation from Coatue Management LLP. Falcon Edge and Coatue are the lead investors, while Insight Partners has joined the company’s cap table. With this, CRED has raised $215 Mn funding, at a post-money valuation of $2.2 Bn, making it the latest unicorn in India.