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.

07 April, 202410 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Pakistan’s failed startup promise, competition force Careem’s exit

The most popular startup of the Middle Eastern region just exited its decade-old operation in the country, citing competition and macro challenges. Both these reasons need to be unpacked and understood separately.

Internet
Story image

In India, everything is logistics

Large, valuable businesses are being built in the country, many of whom are delivering food, grocery, goods, services and even people. At their core, these two-sided marketplaces are solving for efficient logistics.

Internet
Story image

Have Tabby and Tamara cracked the buy now, pay later code in the GCC?

Both Gulf firms are being celebrated as fintech trailblazers. Mostly because they found themselves in the right place at the right time.