Is CRED’s $6.4 billion valuation at risk?
The Kunal Shah-helmed fintech faces a make-or-break year to get to profitability, or resort to a fundraise fraught with risk.
7 April, 2024•10 min
0
7 April, 2024•10 min
0
Getting your Trinity Audio player ready...
More in Internet
Internet
How India’s carpooling experiment ran out of road
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
You may also like
Internet
Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
Internet
VC-funded startups are tempting women to join the instant house help business. Can it last?
In India’s instant house help sector, dominated by Snabbit, Pronto and Urban Company, domestic workers have nothing to lose and everything to gain. At least, for the time being.
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
