Is Cred an Indian company?
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Is Cred an Indian company?
BENGALURU, Oct 19 (Reuters) – India’s CRED said on Tuesday it had raised $251 million in a new funding round led by existing investors and private equity firms Tiger Global and Falconedge, valuing the fintech company at $4.01 billion.
Is cred a Chinese company?
CRED HOLDING CO., LTD. is a China-based company principally engaged in the development and sales of investment real estate. The Company mainly conducts its business in North China and Northwest China.
Is cred is approved by RBI?
Cred is approved by NCPI, which is a part of RBI.
Who is cred owner?
Kunal Shah
Cred (company)
| Founded | 2018 |
|---|---|
| Founder | Kunal Shah |
| Headquarters | Bangalore, Karnataka, India |
| Website | cred.club |
Who is the CEO of cred?
Kunal Shah: No one is as bullish on startups as CRED founder Kunal Shah – The Economic Times.
Who funded CRED?
Agencies Cred founder Kunal Shah. Mumbai: Cred has raised $251 million in a Series E funding round co-led by Tiger Global and Falcon Edge at a valuation of $4.01 billion, underscoring the unabating interest that Indian fintech is garnering from investors.
What is CRED membership?
CRED is a members-only club that rewards individuals for their timely credit card bill payments by providing them with exclusive offers and access to premium experiences. It is a platform that allows credit card users to manage multiple cards along with an analysis of their credit score.
Who built CRED?
Kunal Shah – Founder – CRED | LinkedIn.
Who invested in CRED?
Existing investors Tiger Global and Falcon Edge Capital co-led the three year-old Bangalore-based startup’s Series E financing round. Marshall Wace and Steadfast also participated — and so did existing investors DST Global, Insight Partners, Coatue, Sofina, RTP and Dragoneer.
Who is investor in CRED?
Cred’s funding round, which was co-led by Tiger Global and Falcon Edge, saw two new investors Marshall Wace and Steadfast Venture Capital join the cap table of Kunal Shah’s fintech startup. Agencies Cred founder Kunal Shah.
What is the story of credcred?
Cred is a Bangalore based startup. It offers rewards to the consumers whoever uses the platform for paying their credit card bills. It is a bill payments app. The company protects the data and the information of the users very safely. Hence, the app is completely safe and secure. Cred – Startup Story. The goal was very simple.
What is cred and how does it work?
Therefore, Cred was founded primarily to solve the problems of the taxpayers and reward them with attractive rewards in return. Kunal Shah is the founder and the CEO of Cred. He is an Indian entrepreneur, who is credited for launching new ventures for a second time.
What is the story of the startup cred?
Cred – Startup Story The goal was very simple. It was to create a platform where life could be made better and systematic. The founder wanted to allow more and more privileges and benefits to come to people for having good credit scores.
Who are the top competitors of cred?
The top competitors of the company are Paytm, PhonePe and MobiKwik. Paytm is the top competitor of Cred. It is a fintech app and payments platform that is headquartered in Noida, Uttar Pradesh, India, and was founded in 2010. PhonePe is another notable competitor of Cred.