.
MergerLinks Header Logo

New Deal


Announced

Completed

Falcon Edge and Coatue led a $215m Series D funding round in CRED.

Financials

Edit Data
Transaction Value£155m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Private

Minority

Cross Border

Friendly

Private Equity

Completed

Venture Capital

Acquisition

Payments / Commerce

India

credit card payment

payment platforms

Synopsis

Edit

Falcon Edge and Coatue Management, two investment firms, led a $215m Series D funding round in CRED, a fintech startup, valuing the company at $2.2bn. The round was joined by Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group and Sofina. The proceeds from the funding round will be used for to scale its existing line of products, which it launched last year.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US