Number
India's CRED: $175M raised, $1B processed, $500M valuation in 1.5 years
An example Shaan gets fed weekly about Indian startups: CRED, a credit-card rewards club for India's top 1%, launched in early 2019, raised $175M, is already processing $1B in payments with 2M users, and is valued at $500M, all in roughly 1.5 years.
$175M
Capital raised by CRED · USD
“So they launched in early 2019, they've raised $175 million, they're already processing $1 billion of payments, they have 2 million users, and it's valued at $500 million. This all happened in essentially 1.5 years.”
mfmindex.com№ 0106-2389