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CRED is raising $140 million in a new financing round, its fourth funding in the past year and a half, as the Indian fintech startup courts millions of high credit score customers and broadens its offerings. GIC, Singapore’s sovereign wealth fund, is leading the Bengaluru-headquartered startup’s Series F financing round, which includes secondary transactions, the […]
The company touts that it is “now one of the most valuable companies in digital health.”
India said on Thursday that under its ongoing G20 presidency, it will prioritize the development of a framework for global regulation of unbacked crypto assets, stablecoins and decentralized finance and will explore the “possibility of [their] prohibition” in a potentially large setback for the nascent industry. India began its year-long presidency of the Group 20 […]
Xiaomi’s business head in India has resigned as the Chinese smartphone giant faces regulatory pressure and intense scrutiny from the Indian government and sees growing competition from other homegrown Chinese vendors as well as Samsung. Raghu Reddy, Chief Business Officer, who was one of the prominent public faces and a part of the leadership team, […]
