cred
23 ARTICLES
CRED set to raise $75 million at $3.5 billion valuation
The down round will help stabilise the Kunal Shah-helmed fintech’s runway as it tackles headwinds in unsecured lending.
27 May 2025
CRED is facing a catch-22 situation
The Kunal Shah-helmed fintech needs both growth and profitability to raise capital. But the two goals are contradictory and CRED will soon have to decide between raising at a reduced valuation or delaying the fundraise.
06 Mar 2025
The e-rupee is proof Trump made a good point about CBDCs
Anything that an average user can achieve with the e-rupee, they can already do with UPI. But there is a different purpose altogether for the digital currency.
04 Feb 2025
MobiKwik becomes India’s first fintech to launch full-scale CBDC wallet
Digital payments platform CRED has also rolled out its digital rupee wallet’s beta version for a few users.
28 Jan 2025
Stoa’s closure shows alt-MBA can’t solve the MBA problem
The edtech startup’s four-year journey from ambitious disruptor to shutdown offers crucial lessons on innovation, market realities and the resilience of traditional higher education institutions.
19 Nov 2024
India’s already loss-making payments industry gets shaken up again
The RBI’s latest draft guidelines to regulate payment aggregators have sparked concerns about a potential increase in the cost of doing business.
28 Apr 2024
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 Apr 2024
Why VCs are hitting reset on Indian fintech
After nearly a decade of unparalleled growth, the country’s fintech businesses are finding it hard to justify their hefty valuations and build profitable businesses.
21 Jan 2024
What 2024 holds for businesses in India
Big break-ups, mergers & acquisitions, courtroom drama and stiff competition in the skies—the year ahead promises to be action-packed.
02 Jan 2024
The Morning Context’s stories in 2023
A recap of some of our best stories and the most dominant themes of the year across startups, business and current affairs.
29 Dec 2023