CRED
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CRED - overview
Established
2018
Location
Bangalore, Karnataka, India
Primary Industry
Financial Services
About
Based in Bangalore, India, and founded in 2018, Dreamplug Technologies, trading under the name Cred, is a mobile application that offers rewards for its customers. The company was founded by Kunal Shah. In May 2025, CRED raised USD 75 million in series G funding led by returning investor GIC, with participation from other returning investors QED Innovation Labs, RTP Global and Sofina. The company's management also participated in the round.
The company's product allows its card users to gain complete control of their credit cards. The platform offers member-exclusive rewards and experiences from brands upon paying their credit card bills. The company generates revenue by selling its product, credit card bill payment platform to its members. The company will use the May 2025 funding for further development.
Current Investors
Sequoia Capital, DST Global, RTP Global
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services, e-Financial, Accounting/Finance Software
Website
www.cred.club
Verticals
Artificial Intelligence, FinTech, Mobile Apps
Company Stage
Series G
Total Amount Raised
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CRED - timeline of key events
CRED - employee data
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