AI/Emerging Tech
Sol raises $4 million funding led by General Catalyst, Nexus
The funding round saw participation from DeVC, Peercheque and Kunal Shah.
TOPIC COVERAGE
#Kunal Shah
Explore the latest news, in-depth reports, and executive analysis tagged with #Kunal Shah.
AI/Emerging Tech
Indian govt asks WhatsApp to pause username feature rollout over fraud concerns
The development comes just a week after Meta announced a nearly $900 million investment in Indian fintech startup CRED and appointed its founder, Kunal Shah, as the new global head of WhatsApp.
Deepdives
Meta-Cred deal: Decoding Kunal Shah's $900 million move to WhatsApp
A simple way to look at it is: Meta may have finally found a way to monetize WhatsApp; Cred gets fresh capital; and Kunal Shah gets a global role. But is that really the whole story?
Explainer
Cred raising $900 million from Meta; Kunal Shah joins as WhatsApp CEO
Kunal Shah is stepping away from his operating role as CEO; whereas Miten Sampat will take over the role of interim CEO at Cred.
Fintech News
Turtlemint cuts OFS size; IPO opens on June 19
The company has fixed the price band at Rs 144-152 per share for the issue.
Fintech News
CRED launches ‘Cash by CRED’ app
CRED said the platform is designed to encourage responsible borrowing by giving users greater transparency and a clearer picture of their financial capacity.
AI/Emerging Tech
Kabeer Biswas' startup M attracts funding from Peak XV, Blume, Cred
The investment in M, which is operated by Curious Digital Pvt Ltd, is done at an estimated post-money valuation of Rs 300 crore.
Fintech News
Cred rolls out biometric login for UPI payments up to Rs 5,000
The feature has been developed in partnership with the National Payments Corporation of India (NPCI).
Fintech News
Cred gets RBI's final nod to operate as payment aggregator
With this, Cred now holds multiple regulatory licenses across payments, lending, insurance, and investments.
Fintech News
Turtlemint submits updated DRHP with SEBI for IPO
The IPO comprises of fresh issue of equity shares of up to Rs 660.7 crore, and an offer for sale (OFS) of up to 28.6 million equity shares by shareholders.
AI/Emerging Tech
Voice AI startup Ringg raises $5.5 million in Series A funding led by Arkam Ventures
Groww’s Founder Fund, CRED’s founder Kunal Shah, White Venture Capital, and pre-existing investor Capital2B also participated in the investment round.
Fintech News
Frex bags pre-seed funding led bu Zeropearl VC, White Venture Capital
The funding round also saw participation from individual investors including Kunal Shah, founder, Cred.
Fintech News
Fintech platform Ignosis raises $4 million led by Peak XV's Surge
The funding also saw participation from Force Ventures, Razorpay Ventures, Cred CEO Kunal Shah, and existing investors.
Fintech News
OnFinance AI bags $4.2 million in pre-Series A round led by Peak XV's Surge
The Bengaluru-based startup will use the fresh capital to expand its proprietary BFSI-focused AI models and accelerate research and development initiatives among others.
Fintech News
Cred unveils 18-karat gold invite-only credit card 'Sovereign'
Sovereign members will also earn the "exceptional privilege" to a select few early-stage investments in startups with other top investors.
Fintech News
Cred raises $72 million led by GIC in a downround
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.
Explainer
Cred sells Happay to MakeMyTrip
MakeMyTrip has signed a business transfer agreement to acquire Happay, which was previously acquired by Cred in a $180 million deal in 2021.
Fintech News
Cred enters insurance via Garage platform
The fintech is reportedly working with three insurance companies to co-create an insurance product.