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CRED raises $81m in Series C funding

India based bill payment and rewards platform raised $81m in Series C funding led by DST Global.

In an interview with TechCrunch, Shah said that about 10 percent of CRED’s captable is currently allocated to employees and those who held vested stocks were eligible to sell up to 50 percent of their shares back to the startup in its first ESOP liquidity program. “We believe that startups should think about creating wealth for every shareholder, including employees.”

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payments, rewards, india