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Published 3 years ago

Kunal Shah's CRED Sees Valuation Nearly Double In Six Months To $4 Billion

Summary
Kunal Shah-promoted CRED, a platform for credit card bill payments and rewards, has seen its valuation nearly double over six months. The company confirmed that it has raised a series E investment round of $251 million from existing and new investors. The round values the company at $4.01 billion compared with $2.2 billion at the time of its April fundraise.

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