b capital

Mirae Financial, Tiger Global, Sequoia Capital India and professional footballer, Cristiano Ronaldo, also participated in the Insight Partners-led $100 million Series A round, one of Asia’s largest.

The latest investment, part of a $137 million Series B round, brings CredAvenue’s valuation to $1.3 billion and propels it to unicorn status.

The additions will allow the venture capital firm to expand its capabilities across sectors and geographies.

Sandi Sadek joins the firm as partner and chief people officer.