CRED in talks to raise $200 mn at about $2 bn valuation: Report

FreeCharge Co-founder Kunal Shah's startup, CRED, is in advanced stages of talks to raise about $200 million at about $2 billion valuation, TechCrunch reported. The funding round will be largely financed by existing investors. Earlier in January, CRED had raised $81 million in Series C led by DST Global at a post-money valuation of $806 million.