CRED Company Profile, Funding News & Updates

The Bengaluru-based fintech said these initiatives are aimed at strengthening its position as the go-to platform for high-credit-score customers seeking both convenience and premium financial experiences.

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 09 June – 13 June 2025.

After this funding round, GIC (through Lathe Investment) will own a 5.95% stake in the company, while RTP Capital and Sofina Ventures will hold 1.14% and 1.97% stakes, respectively.

Users can answer a few questions on CRED Garage to get an estimated car value and then book a free inspection. CRED says member details will only be shared with partners if an inspection is scheduled, to protect privacy.

According to reports, this funding will help CRED stay well-funded, grow faster, and move towards profitability. The company is also preparing for an IPO in the next two years.

Discover the Top Fintech Startups in India revolutionizing digital payments, lending, insurance, and wealth management. From industry giants like Paytm, Razorpay, and Policybazaar to emerging players like CRED, Groww, and BharatPe, explore the innovators shaping India's financial future. Stay updated on the latest trends and leaders in India's booming fintech ecosystem!

Newtap Finance Private Limited, a non-banking financial company, is planning to raise Rs 550 crore (around $64 million) from Newtap Technologies and CRED in the near to medium term.

Users may handle insurance and pollution expiration dates, keep tabs on car spending, and keep track of traffic fines with Cred's Garage platform.

Ever wondered which unicorn startups in India are still battling losses? Explore the top 10 loss-making giants like OLA, Freshworks, and Paytm, and uncover the challenges they face on their path to profitability.

Zeta, slice, PhonePe, Open, Groww, CRED, CoinSwitch Kuber, BharatPe, CoinDCX, and Onecard are the Top 13 Fintech Unicorns in India.