Kunal Shah-led CRED acquires Kuvera in cash & stock deal
Kunal Shah appreciates Kuvera building a “loyal community of affluent investors”; says its values align with CRED
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February 2024
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Loss-making cos aided fintech sector growth: Kunal Shah
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
CRED raises $251 mln in fresh funding at a valuation of $4 bln
One of India’s most coveted unicorns—which is also known for its witty ad campaigns—now has a total fund tally of about $700 million.
“Did months of research pre-launch”
“Start-ups just get emotional with an idea and start a business. Very few do high-quality research before launch. That’s the reason 99% of them fail.”
Focus on the right customer cohort: Kunal Shah
Started in November 2018, Cred currently facilitates about 25%-27% of all credit card bill payments in India—with over 35% of premium credit cardholders in the country are on its platform.
Why Tiger Global bet on crypto firm CoinSwitch
Tiger Global’s maiden investment in an Indian cryptocurrency startup is with the company CoinSwitch Kuber. Here's why that matters.
