InvestorQ : Is it true that CredAvenue has become a Unicorn start-up?
Ria Jain made post

Is it true that CredAvenue has become a Unicorn start-up?

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Dia Deshpande answered.
2 months ago
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CredAvenue, a popular fintech debt market place, is India’s latest Unicorn. Now, Unicorns refer to start-up with billion dollar valuation. CredAvenue had recently raised $137 million led by Insight Partners at an indicative valuation of $1.3 billion. CredAvenue connects enterprises with lenders and investors. Sequoia Capital and Lightspeed Ventures are also early investors in CredAvenue. The start-up has already crossed $12 billion of gross transactions and currently has 2,300 enterprise customers and over 750 lenders.

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