Indian Fintech Startup Cred Raises $300M in Series E Funding

Mumbai-based fintech startup Cred secured $300 million in its latest Series E funding round on July 7, 2026. The round was led by Sequoia Capital and Tiger Global, valuing the company at $8.5 billion, according to Bloomberg. Cred, known for its credit card bill payment platform, aims to expand into new financial products and enhance its AI-driven credit scoring technology. This funding marks one of the largest rounds in India's fintech sector this year, highlighting strong investor confidence amid a competitive market. The startup plans to use the fresh capital to accelerate product development and scale operations across India.