https://techcrunch.com/2021/10/11/indian-fintech-cred-seeks-funds-at-5-5-billion-valuation/

CRED has begun to engage with investors to raise money at a valuation of $5.5 billion as the Indian fintech startup eyes international expansion and inorganic growth, a source familiar with the matter told me.

The startup has received a number of inbound requests from investors and has also held talks with some in recent days to raise capital at a pre-money valuation of $5.5 billion, the source said, just weeks after the three-year-old startup was finalizing an investment of over $200 million at a pre-money valuation of about $3.75 billion from Tiger Global and Falcon Edge Capital among others, according to multiple people familiar with the matter.