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.
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.”
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.