Trilegal acted as legal counsel to Dreamplug Technologies Private Limited (CRED) in connection with its Series G funding round, which raised approximately USD 75 million.
The round saw participation from prominent institutional investors including GIC, RTP Global, and Sofina Ventures.
Transaction Details:
The team advised CRED on all aspects of the transaction, including structuring, negotiations, regulatory review, and documentation.
Deal Team
Partner: Nikhil Sachdeva
Counsel: Meghmala Singh
Associates: C.N. Yashwanth, Madhur Patel
Also read: Phoenix Legal and Kaizen Law Advise on $10 Million Fundraise by Vayudh
About CRED
It is one of India’s leading fintech platforms, best known for offering premium credit card payment rewards, lending services, and wealth management solutions to a growing base of high-trust, creditworthy users. Founded by entrepreneur Kunal Shah, the company has rapidly evolved from a reward-based payment platform into a broader financial services ecosystem. It is backed by marquee investors such as Tiger Global, Falcon Edge, and DST Global, and is currently valued at approximately USD 6.4 billion following this round.
Deal Significance:
The fundraise reinforces investor confidence in India’s high-trust digital finance sector, particularly at a time when global markets remain cautious. The fresh capital is expected to support CRED’s continued expansion into lending, insurance, and investment products, and deepen its engagement with affluent consumers. The deal also reflects a broader trend of sustainable funding rounds among mature Indian startups with strong fundamentals and governance.
Also read: AZB & Partners Advises Straive on the Acquisition of SG Analytics
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Disclaimer
This article is for informational purposes only and does not constitute legal or financial advice. Readers should consult professionals before making decisions.
