Cyril Amarchand Mangaldas Advises CRED on Raising USD 81 Million in Series C Round

Cyril Amarchand Mangaldas acted as the legal counsel to DreamPlug Technologies Private Limited on raising USD 81 million in a Series C round of funding. Dreamplug Technologies owns and operates the credit card platform CRED.

The Series C financing round was led by DST Global and included Sofina and Coatue. Existing investors such as Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst also participated in this round.

The General Corporate team was led by Anu Tiwari, Partner; with support from Rishi Ray, Associate; and Aditya Sarkar, Associate.