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. 0 claps 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.