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
Kunal Shah appreciates Kuvera building a “loyal community of affluent investors”; says its values align with CRED
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.
Fintechs are eyeing NBFC licences after RBI directed they must have skin in the game.
The list is compiled across four pillars namely employee growth, job seeker interest, member engagement with the company, and its employees, and the ability of start-ups to attract and retain talent.
Big investments bagged by makers of short video apps Josh and Moj helped sectoral funding, driving a considerable proportion of the investments during the quarter.
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.
“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.”
Investment activity flourished even as Covid-19 raged, the private capital market showing remarkable vitality.
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.
Tiger Global’s maiden investment in an Indian cryptocurrency startup is with the company CoinSwitch Kuber. Here's why that matters.