Singapore
DealStreetAsia first reported the Merkle Science deal earlier this month.
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India
NB Ventures, Go-Ventures, Lets Venture, Grip Invest and Anicut Capital joined the round.
Axis Bank will acquire a little over 5% stake in CredAble
Promoter interest stake in the company will come down to 24.17% after the deal.
The round was led by AlphaLab Capital and FEBE Ventures
The pre-Series A round was led by Vertex Ventures Southeast Asia and India.
The latest capital infusion brings Creative Galileo’s total funding to $10m
Other investors in the round include 3one4Capital and Mirae Assets, among others
Existing investors, including W Health Ventures and Kae Capital, also participated
