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Meet the newest unicorn of India CRED
CRED is the sixth startup to turn unicorn this year after insurtech startup Digit Insurance, SaaS startup InnovAccer, and NBFC Five Star Finance, social commerce platform Meesho, and B2B commerce company Infra.Market.
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Yet another Indian startup enters the unicorn club.
The latest entrant to the coveted $1 billion valuation club is Bengaluru-headquartered fintech startup CRED. Following the closure of its Series D funding round at $215 million, CRED s valuation almost tripled from $800 million to $2.2 billion.
The round was led by a new investor Falcon Edge Capital along with existing investor Coatue Management.
Paytm reaches 15M monthly users mark on Mini App Store
In October last year, Paytm had unveiled its Android Mini App Store to support Indian developers after its tussle with tech giant Google.
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Fintech major Paytm on Monday said over 600 apps have been featured on its Mini App Store with more than 15 million monthly users coming to the platform.
In October last year, Paytm had unveiled its Android Mini App Store to support Indian developers after its tussle with tech giant, Google. With more than 15 million monthly users on Mini apps alone, the platform is already helping hundreds of app developers across India further accelerate their business and reach their target users. In the last few months, over 600 apps have been featured on the Mini App Store with an additional 1,000 in the pipeline, a statement said.
Fintech major Paytm on Monday said over 600 apps have been featured on its Mini App Store with more than 15 million monthly users coming to the platform. In October last year, Paytm had unveiled its Android Mini App Store to support Indian developers after its tussle with tech giant, Google. With more than 15 million monthly users on Mini apps alone, the platform is already helping hundreds of app developers across India further accelerate their business and reach their target users. In the last few months, over 600 apps have been featured on the Mini App Store with an additional 1,000 in the pipeline, a statement said.
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