In its last reported financials for FY23, CRED saw a significant surge in revenue ... over 4 Mn vehicles ‘parked’ on its Garage platform, which was launched with much fanfare last year.
Fintech unicorn Cred on Monday reported a 66% jump in revenue to Rs 2,473 crore for 2023-24 from Rs 1,484 crore in the previous financial year. Its operating losses fell to Rs 609 crore from about ...
In the last four years ... revenue has increased from INR 18 Cr in FY20 to INR 95.5 Cr in FY21. However, total loss too increased from INR 361 Cr to INR 524 Cr during the same period. Given that ...
Kunal Shah-led credit card payments app CRED has raised $251 million in a round led by existing investors Tiger Global and Falcon Edge. The company’s valuation has doubled to $4.01 billion with ...