Funding round
CRED Series G
CRED, which works in credit card payment rewards services in Mumbai, raised $75M in a Series G round announced on 30 May 2025, at a $3.50B post-money valuation. 6 firms took part. It is CRED's sixth venture round on record; the one before was a Series F in Jun 2022.
$75M
Amount raised
$3.50B
Post-money valuation
$3.42B pre-money
6
Investors
no lead named
0.5x
Step-up from the Series F
$6.40B in Jun 2022
2.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced CRED at $3.50B after the new money, 0.5 times the $6.40B of its Series F (Jun 2022). The $75M bought investors about 2.1% of the company. It came 35 months after CRED's Series F. It is 4.2% of the $1.78B CRED has raised in the venture rounds on record. CRED raised again 13 months later: a Series H+ round of $900M in Jun 2026, at $4.50B post-money.
CRED's funding rounds
CRED has 7 venture rounds on record. This one is highlighted.
- Series B 26 Aug 2019, led by Sequoia Capital, Ribbit and Gemini Investors $120M$450M post-money
- Series C 4 Jan 2021, led by DST Global $81M$806M post-money
- Series D 6 Apr 2021, led by Alpha Wave Global and Coatue $215M$2.20B post-money
- Series E 18 Oct 2021, led by Tiger Global and Alpha Wave Global $251M$4.01B post-money
- Series F 9 Jun 2022, led by GIC $140M$6.40B post-money
- Series G this round 30 May 2025 $75M$3.50B post-money
- Series H+ 23 Jun 2026, led by Meta $900M$4.50B post-money
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- GIC backs 98 venture-backed companies new investor
- Sofina backs 45 venture-backed companies new investor
- backs 99 venture-backed companies new investor
- Tiger Global backs 391 venture-backed companies new investor
- Alpha Wave Global backs 78 venture-backed companies new investor
- DF International new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
The closest in time: 1 in Payment Processing & Point of Sale, then Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Airwallex Payment Processing & Point of Sale | 8 Dec 2025 | $330M | $8.00B | Addition |
| Rippling Tech Companies | 9 May 2025 | $450M | $16.80B | not named |
| Addepar Tech Companies | 13 May 2025 | $230M | $3.25B | Vitruvian Partners and WestCap |
| Anduril Aerospace and Defence | 15 Apr 2025 | $2.50B | not disclosed | not named |
| Cato Networks Tech Companies | 30 Jun 2025 | $359M | $4.80B | Vitruvian Partners and ION Asset Management |
| Udaan Groceries | 2 Jun 2025 | $114M | $1.80B | M&G Investments and Lightspeed |
| Rebel Foods Tech Companies | 22 Apr 2025 | $25M | $1.61B | not named |
| GrubMarket Groceries Delivery | 18 Mar 2025 | $50M | $3.50B | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did CRED raise in its Series G round?
CRED raised $75M in its Series G round, announced in May 2025.
Which investors took part in CRED's Series G round?
GIC, Sofina, RTP Global, Tiger Global, Alpha Wave Global and DF International.
What was CRED's valuation at the Series G round?
$3.50B post-money ($3.42B pre-money).
Did CRED raise again after this round?
Yes: a Series H+ round in Jun 2026 of $900M at $4.50B post-money.