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CRED Looks To Raise Up To $200 Mn With Steep Cut In Valuation

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SUMMARY

CRED last raised $140 Mn in its Series F funding round led by GIC in 2022; the round valued the company at $6.4 Bn

The Kunal Shah-led fintech startup is looking to float an IPO in the next two years

Amid the startup IPO frenzy, the likes of Groww, PhonePe and BharatPe are also looking to tap the public markets soon

Fintech unicorn Cred is looking to raise $100-200 Mn in a new funding round that would value the Kunal Shah-led startup at $4 Bn post-money, a considerable decrease from its $6.4 Bn valuation set in 2022, as…

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