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Sofina

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.

Finova Capital raises $135 million in Series E

Finova Capital raises $135 million in Series E

05 Nov 2024, 02:49 AM

Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.

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Fintech Highlights

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  4. Fino Payments Bank gets RBI's in-principle approval for small finance bank

  5. Moglix's financing arm Credlix buys majority stake in Vanik Finance

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AI/Emerging Tech

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  5. Anthropic prepares to float IPO in 2026, hires law firm

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IPO Tales

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  3. The Bull Run Broker: Inside Groww's $7 billion IPO

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

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Money & Machines

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  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  5. Previous editions...

Editor's Pick

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  2. The shadow economy of online gaming: How money moves beyond the screen

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