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CRED raises $80m in Series C funding

India based credit card startup raised $80m in Series C funding led by DST Global.

“CRED has the richest Indians as customers already,” wrote Anmol Maini, a San Francisco-based engineer, who closely tracks the Indian startup ecosystem. “Kunal Shah has the luxury of time for building CRED into the company he envisions it to be. He has that luxury because he has access to capital and talent, knows how to build and scale companies and he definitely knows how to generate returns for his investors.”

Tags

india, emerging markets, payments, credit cards