Traveltech platform ixigo has partnered with Kunal Shah-led CRED to exclusively power flight bookings for the newly launched CRED IndusInd Bank RuPay Credit Card.
Through this collaboration, cardholders will be able to book flights directly within the CRED ecosystem, with ixigo’s flight inventory and technology running the entire booking process.
Seamless Travel Meets Premium Membership
The…
CRED’s Shocking Move: Raising $200 Million with a Massive Cut in Valuation—Here’s Why It’s Happening
CRED Is Looking to Raise $200 Million—But There’s a Big Twist
In a surprising turn of events, CRED, the Kunal Shah-led fintech unicorn, is looking to raise up to $200 million. But here’s the kicker: this new funding round will come with a significant drop in valuation.
You read that right. CRED, which was once valued at an eye-popping $6.4 billion during its Series F funding round in 2022…
Kunal Shah, the CEO of the popular fintech company CRED, recently shared his thoughts on what he believes is a common mistake made by aspiring entrepreneurs. In a post on X (formerly Twitter), Shah highlighted that many entrepreneurs spend too much time consuming content—such as podcasts, reality TV, and social media—rather than focusing on the critical tasks of building their businesses or…
Blox Makes Strategic Move: Acquires 11% Stake in Guardians for $12 Million
In a significant move in the Indian proptech industry, Blox, a fast-growing startup backed by Kunal Shah, has acquired an 11% stake in Guardians, a leading real estate consulting firm, for $12 million. The acquisition is part of Blox’s ambitious plan to expand its operations and grow its presence in India’s competitive…
CRED, the popular financial technology super app, has taken a significant step towards strengthening its security and privacy framework by obtaining three crucial certifications. These include ISO 27001 for Information Security Management Systems, ISO 27701:2019 for Privacy Information Management Systems, and PCI DSS v4.0 for Payment Card Industry Data Security Standards. This move underscores…
Kunal Shah, the renowned entrepreneur and founder of fintech giants CRED and Freecharge, has a remarkable story that diverges sharply from the typical Silicon Valley narrative. Recently, Sanjeev Bikhchandani, the founder and executive vice-chairman of Info Edge, shared a compelling account of Shah’s unconventional rise to success on social media platform X, shedding light on his humble…
Marketing management is pivotal in navigating the complexities of today’s competitive business landscape. In India, several brands have showcased exceptional marketing strategies that have not only helped them overcome significant challenges but also set new benchmarks in their respective industries. This article delves into 10 outstanding marketing management case studies from India, revealing…
In the bustling landscape of India’s fintech sector, Kunal Shah has emerged as a pivotal figure, transforming innovative ideas into billion-dollar successes. Raised in Mumbai with a keen entrepreneurial spirit, Shah’s journey from his early ventures to founding CRED exemplifies relentless determination and visionary leadership.
The Early Ventures
Armed with a degree in Philosophy from Wilson…
CRED is all set to mark its first acquisition with the impending acquisition of Chennai-based alcohol payment and conveyance startup HipBar. The acquisition will facilitate a permit to offer a semi-shut wallet to CRED’s users.
Also called a prepaid payment instrument permit (PPI), the semi-shut wallet enables the holding firm to give cash vouchers, prepaid cards and more, other than the digital…
Klub has raised $20 million of every one of the largest seed adjusts raised by a startup from India. The subsidizing round saw cooperation from existing investors 9Unicorns, Sequoia’s Surge alongside Alter Global and GMO VenturePartners.
As per Entrackr’s sources, Klub has raised $10 million in equity and $10 million in debt. Klub plans to utilize the money to expand its team, item offerings…
