CRED is a leading Indian fintech platform.

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Investment highlights

2018

Year of establishment

India

Country

2021

Year of entry

1.70%

Shareholding percentage

Digital transformation

Sector

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CRED is a fintech platform active in India. CRED is offering rewards to its members for transacting on its platform (e.g. credit card bill payment, rent payment) and other services (e.g. credit lines, e-commerce, insurance).

The company was founded in 2018 by Kunal Shah, who previously founded Freecharge (where Sofina was also an investor before the company was sold to Snapdeal).

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