CRED coins and Paytm can be used to fight shortage of oxygen, here’s how

Bengaluru-headquartered CRED has unveiled an initiative that basically invites its members to donate their CRED coins to raise funds for buying oxygen concentrators for healthcare organisations. This will be facilitated by Milaap. Paytm said that they are aiming to raise Rs 10 crore and import 3,000 oxygen concentrators for private and government hospitals. 

Apr 27, 2021, 22:06 PM IST

CRED raises $215 mn at $2.2 bn valuation, enters unicorn club

In the last three months, CRED’s valuation has doubled as it was valued at $800 million in January this year. Launched in 2018, CRED prioritises credit-card repayment and then rewards users who pay their bills, which can be used for offers and discounts on various products. Currently, it has nearly 6 million users. 

Apr 06, 2021, 19:31 PM IST

OnePlus Co-founder Carl Pei's new venture 'Nothing' set to introduce smart devices in first half of 2021

OnePlus co-founder Carl Pei's new consumer technology venture 'Nothing' will unveil its first smart devices in the first half of this year. The London-based company, which has raised USD 7 million (about Rs 51.4 crore) in seed financing, also counts Indian entrepreneur Kunal Shah among its investors.

Jan 28, 2021, 00:29 AM IST

BCCI announces credit card payment app CRED as official IPL partner for three seasons

CRED is the second initiative of Freecharge founder Kunal Shah. BCCI’s announcement comes just four days after another Bengaluru based startup Unacademy was declared as an IPL partner for three seasons.

Sep 02, 2020, 14:00 PM IST

Odisha readies pioneering plan to combat deadly heat

From stopping work at brick kilns on very hot days to issuing five-day advance warning of heat waves, Odisha is readying a pioneering action plan to prepare for increasingly deadly summer heat, officials said.

Apr 05, 2016, 15:37 PM IST