Kunal Shah

Cred raises $72 million led by GIC in a downround

Cred raises $72 million led by GIC in a downround

11 Jun 2025, 14:22 PM

The investment was made at a valuation of $3.5 billion, much lower than the valuation of $6.4 billion when they last raised capital in 2022.

Cred sells Happay to MakeMyTrip

Cred sells Happay to MakeMyTrip

18 Nov 2024, 23:03 PM

MakeMyTrip has signed a business transfer agreement to acquire Happay, which was previously acquired by Cred in a $180 million deal in 2021.

Cred enters insurance via Garage platform

Cred enters insurance via Garage platform

05 Nov 2024, 14:45 PM

The fintech is reportedly working with three insurance companies to co-create an insurance product.

Fintech Highlights

  1. Smallcase operating revenue jumps 57% to Rs 106 crore in FY25

  2. Paytm to become AI-first company: Vijay Shekhar Sharma

  3. Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

  4. Go Digit gets High Court relief on Rs 170 crore GST demand for now

  5. Groww retains top spot in brokerage race despite dip in users
  6. Read more highlights...

AI/Emerging Tech

  1. OpenAI's open model launch to take longer than expected

  2. iyO sues ex-staff after targeting OpenAI, Jony Ive

  3. Google hires Windsurf AI talent in $2.4 billion licensing deal

  4. xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

  5. Meta acquires voice AI startup PlayAI in talent push
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case