Articles from CRED

CRED will raise ₹8,550 crore (~US $900M) in its Series H round led by Meta, as part of its acceleration plans, structured through a combination of primary and secondary share purchases. CRED will raise this round at a post-money valuation of ₹43,239 crore (~US $4.5B) and a pre-money valuation of ₹38,819 crore (~US $4.03 billion). Under the terms of the investment, Meta will join the CRED cap table as a minority investor and will not receive access to CRED customer information.