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From Rs 50,000 salary to Rs 5 crore retirement corpus: How long it may take to build wealthBuilding a Rs 5 crore retirement corpus on a Rs 50,000 salary is achievable with disciplined investing, time and strategy. Investing 30% of...- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Cred widens mutual fund app Kuvera’s ambit for bigger wealth management playCred has entered wealth management by upgrading Kuvera, acquired in 2024. It now offers a full suite of financial services. Kuvera’s new fe...
- Pharma calls in sick after Trump’s 100% tariff threatPharma stocks fell Thursday after reports of US President Donald Trump mulling 100% tariffs on imported branded and patented medicine maker...
- Cred receives payment aggregator licence from RBIFintech startup Cred has received RBI authorisation to operate as a payment aggregator, allowing it to onboard merchants, collect payments,...
- CRED gets RBI nod to operate as payment aggregatorFintech firm CRED has secured final approval from the Reserve Bank of India to function as a payment aggregator. This new authorisation com...
- Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrowOperating losses narrowed 51% on-year to Rs 298 crore, while total losses declined 11.5% to Rs 1,457 crore during the year, the Bengaluru-b...
- Cred announces a co-branded credit card with IndusInd Bank & RuPayThe GIC-backed platform also announced a portfolio of fixed deposits (starting with five banks and two NBFCs) and gold investments with phy...
- InCred Finance acquires TruCap’s gold loans businessIn a stock exchange filing, TruCap stated that the total value of the deal will be approximately Rs 330 crore, subject to "certain adjustme...
- Cred rolls into insurance space via Garage platformGarage is a platform where Cred users can track their vehicle spends, pending traffic ‘challans’, and insurance and pollution renewal dates...
- Cred’s FY24 revenue surges 66% to Rs 2,473 crore; overall losses up 22% to Rs 1,644 croreCred, a fintech unicorn, has generated revenue from payments, credit and insurance. The company reined in marketing expenses despite promot...
- Kunal Shah's Cred looks to help customers track bank accountsKunal Shah-led Cred is unveiling a new service called Cred Money to help customers manage their bank accounts. With Cred Money, users can t...
- Cred to buy Kuvera to enter wealth managementThe development marks the entry of Cred into the mutual funds market, placing it in competition with industry leaders such as Zerodha, ETMo...
- Cred hires Sujay Das to head risk for in-house NBFC Newtap FinanceSujay Das, who spent more than 12 years at HSBC Bank and then was with Bajaj Finance, heading its analytics team, had joined Bengaluru-base...
- Cred’s FY23 revenue more than triples, losses grow marginallyWhile the company’s revenues rose significantly, expenses shot up, too. In FY2023, the Bengaluru headquartered fintech reported total expen...
- GoKwik partners with Cred to drive higher conversions for D2C brandsThis tie-up marks a step towards enhancing the online shopping experience and enabling trust for D2C merchants on the GoKwik checkout platf...
- Cred lays off close to 15% of staff at expense management unit HappayThe exact number of employees affected by the layoffs could not be ascertained, but one of the sources told ET that 10-15% of the workforce...
- For Cred, revenue growth and curbing losses will be the focus: Kunal ShahThe Bengaluru-based fintech platform has in the past been criticised for not showing active revenue streams and mounting losses.
- Paytm complains to NPCI on Cred’s UPI gamblePaytm, owned by One97 Communications Ltd, has been pushing to grow its offline acceptance network over the past few years and create its ow...
- Cred reports Rs 95.5 crore revenue in FY 21, will apply for account aggregator licenceThe company reported a total loss of Rs 523.8 crore on a consolidated basis, compared to Rs 361.1 crore for the year-ago period.
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