Fintech unicorn CRED raised $72 million from investors like GIC’s Lathe Investment ($41M), RTP Global ($8.75M), Sofina Ventures ($3M), and Kunal Shah’s QED Innovation Labs ($19M). Valued at $3.64 billion, down 43% from $6.4 billion, CRED aims for FY26 profitability despite a 22% higher FY24 net loss of Rs 1,644 crore, with revenue up 66% to Rs 2,473 crore.
Read more on Entrackr.
