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Existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina also participated in the new round, while Insight Partner is the new entrant to Cred s cap table. I m very happy to share that three months after our Series C, continued interest from leading institutional investors has resulted in us closing a Series D, Shah said in the note, reviewed by ET. While valuation is a milestone that many celebrate, we view it as a responsibility and an opportunity to create member value, added Shah, who founded Cred in 2018.
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Existing investors Coatue, DST Global, Ribbit Capital, Tiger Global and Sequoia Capital are also expected to take part in this deal. TechCrunch
was the first to report the funding news.
The latest round will more than double the company’s valuation in less than four months amid increased demand among investors for a piece of India’s growth-stage fintech startups.
An email sent to Falcon Edge didn’t elicit a response while Cred didn’t comment on ET’s query.
The startup, founded in late 2018, had raised its Series A round in August 2019 at a valuation of $450 million. Its seed round of $30 million was one of the largest seen in India’s startup ecosystem.
Bake like Betsey Delord
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goldstein and russell and an ed store at scotus blog. she s argued before the supreme court, has been listening to the first hour of arguments this morning. amy, are the justices right now remaining poker faced as they have these proceedings, or are we seeing one or two leading the discussion a certain way? well, we ve seen a lot of questions from the four of the court s more conservative justices. we ve seen very few questions from the so-called liberal justices. and the ones that they have asked have been largely friendly questions. so it s a good news/bad news scenario, i would say, for the people who support the legislation because it s clear that they have four votes to uphold the individual mandate, but it s not clear yet whether or not they re going to be able to get that much needed fifth vote. amy, what have been the key arguments given in court so far this morning? spread a little love my way so the solicitor general who is the government s top lawyer spread a lit
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