CRED Raises $900 Mn In Round Led By Meta

by · Inc42

SUMMARY

  • Fintech unicorn CRED has raised $900 Mn (about ₹8,500 Cr)  in a fresh funding round from Meta
  • The investment comprises both primary and secondary capital, making it one of the largest investments by the social media giant in an Indian startup
  • Earlier last week, Meta and CRED were said to be evaluating the deal which pegged the latter at $4 Bn