CredR raises $6 Million in latest funding round led by Omidyar Network India

Source: The Hindu Business Line

Mumbai-based Incredible Technologies Private Limited (“Credr”), has raised Rs 38 crores ($6 million) from Omidyar Network India along with existing investors.

The company is one of the country’s largest used motorcycles consumer brand that integrates online and offline user buying experience through a chain of 50 plus CredR franchisee showrooms across Pune, Bengaluru, Delhi NCR, Jaipur, Kota and Hyderabad.

Prior to this round, CredR raised funds from Eight Roads Ventures, AngelList, GrowthStory, Angel investors and venture debt from Blacksoil capital. It has raised around Rs 130 crores till date including the latest round.

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