Friday, 24 March, 2023

CredAvenue turns unicorn with $1.3B valuation

<p>CredAvenue became the fastest Indian fintech startup to join the unicorn club as the latest financing round values the debt marketplace at $1.3B. The latest financing round raised around $137M which was led by Insight Partners, B Capital Group and Dragoneer. CredAvenue describes itself as the country&rsquo;s batteries-included technology stack to meet business&rsquo; complete debt cycle. Along with this, the company also offers trade financing and portfolio buyouts.</p>