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
More in Internet
Internet
Pine Labs seeks to raise up to Rs 3,900 crore in upcoming IPO
The fintech platform has valued itself at around Rs 25,300 crore in the IPO that will open on 7 November.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
