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Kunal Shah’s CRED raises $80 Mn in Series C round led by DST Global

Shortpedia

Content Team
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Credit card payments app Cred has reportedly raised $80 million in an equity financing round led by DST Global along with participation of Sequoia Capital, Ribbit Capital and Tiger Global. All of them are existing backers of the Bengaluru-based two-year-old startup. According to a report, the Kunal Shah-led firm has reached a valuation of $800 million after the fresh tranche.