Cred funding, investors and company details

Cred is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of Indian fintech company that offers a members-only platform rewarding individuals for timely credit card bill payments. Founded by Kunal Shah.

Company: Dreamplug Technologies Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Kunal Shah
Total funding raised: ₹2,991.34 Cr

Company overview

CRED is a leading Indian fintech company that offers a members-only platform rewarding individuals for timely credit card bill payments. Users can manage multiple credit cards, track spending, and monitor credit scores through the app. CRED members with high credit scores become eligible for exclusive rewards, including luxury product offers, experiences, and brand discounts. The platform also provides services like credit card payment automation, peer-to-peer lending, and investment products. Founded in 2018 by Kunal Shah and headquartered in Bangalore, CRED has grown rapidly with millions of users and significant funding, valued at several billion dollars.

Funding rounds

Latest round: $ 72.00 Mn (₹617.04 Cr.), 2025-06-10. Investors: RTP Capital, Sofina, QED Innovation Labs
Past round: $ 150.00 Mn (₹1,269.00 Cr.), 2025-04-14. Investors: Ribbit Capital, Tiger Global, Peak XV Partners, GIC (Singapore’s sovereign fund)
Past round (Series F): $ 140.00 Mn (₹1,105.30 Cr.), 2022-06-10