Fintech unicorn CRED is raising $75 million at a $3.5 billion valuation, down 45% from 2022. Led by GIC and others, the funds will expand credit services and new ventures like CRED Garage and e₹ wallet. FY24 saw a 66% revenue jump and narrowed losses. CRED aims to evolve into a multi-service fintech platform amid India’s booming digital economy.