WigglyLlama
WigglyLlama

CRED. Now Everyone get's it :)

66% rise in revenue to Rs 2,473 crore 41% reduction in operational losses to Rs 609 crore

#credreport

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4mo ago
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ZoomyDonut
ZoomyDonut
Cred4mo

Let them do what they do. Heard the benefits which they give to the employees are the best in the industry including the term called hike. Some so called fintechs don’t know what is the meaning of work culture and hike but they do that makes a huge difference

JumpyPretzel
JumpyPretzel

Not me, I don’t even know what that silly thing is, and why people use it.

SwirlyRaccoon
SwirlyRaccoon

But net losses increased.

Based on what I read, the term revenue is not clear. I mean Walmart has a revenue is $600B annually. But operating income is much smaller

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Curated from across
Layoffs
by SwirlyPretzelBusiness Analyst

How is CRED not collapsing?

Pretty much the title. No layoffs , crazy high salaries. Too much being spent on pretentious "organic" marketing.

Indian Startups
by PrancingCoconutProduct Manager

Cred

Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves.

...

Top comments
user

I feel cred is doomed and just trying to increase its value. And the end goal is to sell the cred to someone with h...

user

It is doomed. If they layoff I hope they fire the UI/UX design first for such an atrocious app design