Cred’s valuation trebles to $2.2bn, raises $215m

Cred, the fintech startup started by serial entrepreneur Kunal Shah, has raised $215 million in new funding, with its valuation soaring to $2.2 billion. The company is now officially the second fastest Indian startup to emerge as a unicorn, a moniker for startups valued at $1 billion or more. It achieved the status in just 29 months of launch.

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