MakeMyTrip to acquire Happay from CredHappay’s business to be split with Cred retaining payments vertical and MakeMyTrip taking over travel & expense management business.
18 Nov, 2024, 06.46 PM IST
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...
04 Nov, 2024, 07.44 AM IST
60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: reportIn the last two years, companies such as quick commerce platform Zepto, non-banking lender InCred, Ola founder Bhavish Aggarwal’s artificia...
12 Oct, 2024, 09.19 AM IST
Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn statusMoneyview, which did not receive any fresh money in the deal, had last raised $75 million at a post-money valuation of $900 million in 2022...
13 Sep, 2024, 04.42 PM IST
India to have 150 fintech unicorns with combined $500 billion valuation by 2030: reportThe report, titled ‘Indian Fintech Journey from Evolution to Mega Public Listings’, released on Tuesday, forecast that the combined revenue...
03 Sep, 2024, 06.20 PM IST
Cred launches offline QR code-based ‘scan and pay’ paymentsPeak XV-backed startup Cred has been pushing its UPI payments feature aggressively. The fintech wants its customers to use the app to scan ...
25 Apr, 2024, 05.22 PM IST
Fintech funding in Q4 down over 50% YoY, but up 59% from Q3According to the Fintech India report released by data intelligence platform Tracxn, funding during the January-March quarter dried up year...
14 Apr, 2024, 04.10 PM IST
Cred's head of risk Kunal Kashyap quits, set to join SliceKunal Kashyap moves from Cred to Slice, which merges with North East Small Finance Bank. Pending approvals from Competition Commission of I...
04 Apr, 2024, 07.15 AM IST
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...
17 Oct, 2023, 06.00 AM IST
Venture Catalysts floats new fund to focus on growth-stage fintech investmentsWith a target size of $100 million, Beams will look to invest $8 million-$10 million in growth-stage funding rounds of Indian fintech compa...
27 Jan, 2022, 08.00 AM IST
Indian startups' hiring spree continues amid record funding this yearThere are nearly 70 unicorns — startups valued at $1 billion or more — in India and these are likely to create 125,000-160,000 white-collar...
27 Oct, 2021, 06.56 PM IST
Cred valuation nearly doubles after $250-million fundingCred’s funding round, which was co-led by Tiger Global and Falcon Edge, saw two new investors Marshall Wace and Steadfast Venture Capital j...
19 Oct, 2021, 02.13 PM IST
Indian startups raised $6.5 bn in April-June 2021, 11 unicorns createdAbout 160 funding deals were closed in the three months to June 30, up 2% from the January-March period, while fundraising rose 71% to $6.5...
23 Aug, 2021, 11.41 AM IST
Pine Labs appoints Cred founder Kunal Shah to its boardThe appointment comes a month after the startup raised over $600 million in funding.
10 Aug, 2021, 04.35 PM IST
Unicorns, soonicorns on a hiring spree as Covid-19 accelerates digital adoptionDuring the pandemic, the unicorns offered jobs to more than 45,000 people, while soonicorns hired nearly 20,000.
10 Jul, 2021, 06.44 AM IST
Razorpay gets $160 mn funding, valuation trebles in less than 6 monthsRazorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. The company is also in the process...
19 Apr, 2021, 09.56 AM IST
Falcon Edge, others in talks to back Cred at $2 billion valuationThe Bengaluru-based fintech firm is in talks to mop up around $200 million in a round which will see participation from new investors like ...
16 Mar, 2021, 06.35 PM IST