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CRED Unicorn

Dreamplug Technologies Private Limited ● Bengaluru, Karnataka ● Founded 2018 ● cred.club ↗
Kunal Shah · Founder (former CEO; now Meta/WhatsApp global leadership, retains shareholding)
$1.81 BnTotal funding (tracked)
8Funding rounds
22 Jun 2026Last round
1,056Team size (sourced)

CRED: Funding Rounds

Seed: $30MJun '18Series B: $120MAug '19Series C: $81MNov '20Series D: $215MApr '21Series E: $251MOct '21Series F: $140MJun '22Series G: $72MJun '25Series H: $900MJun '26

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
22 Jun 2026 Series H $900 Mn (₹8,550 Cr) Meta Platforms source
10 Jun 2025 Series G $72 Mn (INR 617 Cr) GIC (Lathe Investment) QED Innovation Labs (Kunal Shah family office) RTP Global Sofina source
9 Jun 2022 Series F $140 Mn GIC (Lathe Investment) Alpha Wave Ventures DF International Sofina Ventures Tiger Global source
18 Oct 2021 Series E $251 Mn Falcon Edge Capital Coatue Management Dragoneer Investment Group DST Global Insight Partners Marshall Wace Steadfast Capital Tiger Global source
6 Apr 2021 Series D $215 Mn Falcon Edge Capital (Alpha Wave) Coatue Management Dragoneer Investment Group DST Global Greenoaks Capital RTP Global Sofina Tiger Global source
30 Nov 2020 Series C $81 Mn DST Global Coatue Management General Catalyst Ribbit Capital Sequoia Capital India Sofina Tiger Global source
26 Aug 2019 Series B $120 Mn Gemini Investments Dragoneer Investment Group General Catalyst Greenoaks Capital Hillhouse Capital Ribbit Capital Sequoia Capital India Tiger Global source
1 Jun 2018 Seed $30 Mn Sequoia Capital India Ribbit Capital source

CRED: Investors

Meta Platforms GIC (Lathe Investment) QED Innovation Labs (Kunal Shah family office) RTP Global Sofina Alpha Wave Ventures DF International Sofina Ventures Tiger Global Falcon Edge Capital Coatue Management Dragoneer Investment Group DST Global Insight Partners Marshall Wace Steadfast Capital Falcon Edge Capital (Alpha Wave) Greenoaks Capital General Catalyst Ribbit Capital Sequoia Capital India Gemini Investments Hillhouse Capital

Acquisitions

DateAcquirerAcquiredAmountSource
6 Feb 2024 CRED kuvera Undisclosed source
23 Jun 2023 CRED spenny Undisclosed source
29 Nov 2022 CRED creditvidya Undisclosed source
1 Dec 2021 CRED happay $180 Mn source

FAQs on CRED

How much funding has CRED raised?

CRED has raised $1.81 Bn across 8 tracked funding round(s), most recently on 2026-06-22. Figures are compiled from cited public sources.

Who are the investors in CRED?

Investors in CRED include Meta Platforms, GIC (Lathe Investment), QED Innovation Labs (Kunal Shah family office), RTP Global, Sofina, Alpha Wave Ventures, DF International, Sofina Ventures.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: inc42.com · Last verified 13 Jul 2026. · Report a correction