Cred to raise funds in round valuing it at up to $500 million2 min read . Updated: 04 Aug 2019, 09:47 PM IST
- FreeCharge co-founder Kunal Shah’s venture is close to finalizing a $125 mn round
- Existing investors Sequoia, Ribbit and Apoletto Asia have pumped in the first tranche of $65 mn
Mumbai: Cred, the second venture of FreeCharge co-founder Kunal Shah, is close to finalizing a $125 million Series A round of fundraise, at a post-money valuation of between $450 and $500 million, said two people aware of the matter, requesting anonymity.
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