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CRED

Cred offers rewards for paying credit card bills on time.

Financial Services, FinTech

Basic Information

Cred is the second venture of FreeCharge co-founder Kunal Shah. It lets credit card holders pay bills through an app, and gives them benefits via Cred coins and gems. These virtual coins can be redeemed across coffee shops, movie theatres, ecommerce sites, etc.

Legal Name

:

Dreamplug Technologies Pvt Ltd

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2C, B2B

Founding Date

:

2018

No. of Employees

:

501 to 1000

Core Team

:

1.

Kunal shah

Founder & CEO

Funding

Total Funding

$670.0M

Investors

:

1.

Ribbit Capital

2.

Gemini Investments

3.

Greenoaks Capital

4.

Dragoneer Investment Group

See More

Detail Round Breakdown

Round 1

Round 2

Round 3

Round 4

Round 5

$4M

Series Name

:

SERIES-B

Date

:

Jul 2019

Investors

:

1.

Sequoia Capital India

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CRED acquires investment platform Kuvera in stock and cash deal

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CRED revenue jumps 3.5X to Rs 1,484 Cr in FY23, losses widen by 5%

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Automatically collect your credit using RocketPay.

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Enabling Lenders to underwrite consumers and small business owners using games.

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