CredR raises Rs 38 crore from the Omidyar Network, others

New Delhi, December 6 () Incredible Technologies Private Ltd (CredR) said Friday that it has raised Rs 38 million (USD 6 million) from Omidyar Network India and its existing investors.

CredR is the largest used motorcycle consumer brand in India that integrates the online and offline user buying experience through a chain of more than 50 CredR franchisee showrooms in Pune, Bengaluru, Delhi -NCR, Jaipur, Kota and Hyderabad, the company said in a statement.

Prior to this round of financing, the company had raised funds from Eight Roads Ventures, AngelList, GrowthStory, Angel investors and Blacksoil's capital risk debt, he added.




* * Tips Mr Pink launches the signature kitchen in the Cloud Bowl Hub.

Tip Mr Pink, the parent company of the fast service restaurant chain (QSR) Burger Singh, announced Friday the launch of its first kitchen in the cloud QSR - Bowl Hub.

Bowl Hub brings a menu consisting mainly of rice bowls, the company said in a statement.

By launching 17 outlets in Delhi, Gurgaon and Noida, Bowl Hub becomes one of the leading single-service bowl food brands in the region for urban millennials and office goers, he said. For the past few months, we had been incubating the brand of some of our existing cloud kitchens with a different project name. This was to validate our recipes, tastes, customer expectations and also to measure the unit-level economy that would work for us in the long term, said Kabir Jeet Singh, founder of Tipping Pink. KPM KRH RVK