Cred joins unicorn downround club as valuations recalibrate
- Posted on June 11, 2025
- By Financial Express
- 1 Views
Cred joins unicorn downround club as valuations recalibrate
Cred joins unicorns like Byju’s and PharmEasy in raising funds at slashed valuations. Its $3.5B downround marks a 45% drop from 2022. As capital tightens, startups face pressure to focus on profitability over hypergrowth, signaling a shift in India’s venture funding landscape.
