What is Cred’s business model?
Is Cred a business or just a long party? If they are a business then how do they make money? What do they stand for - currently it just looks like a hangout place for super privileged bros?
I want to know what does a fintech or a money management app does with all the data that they have. Do they sell it to other fintechs directly so they can sell products to customers or do they also sell it to brands for customer insights
Do you really think they can do that don’t say foolishness. Do you know how many audits company like CRED go through ? They are one of the best players in the market who are in good books of RBI. And your data is already there in the dark web we just have to pay 200rs that’s it it’s already leaked by the government itself.
I won’t tell either
When you try to take a loan online, once you're no longer someone who can convert on a platform where you tried, they sell your data to other fintechs. This is one of the acquisition source and you'll be bombarded with sms and calls.
Is Cred a business or just a long party? If they are a business then how do they make money? What do they stand for - currently it just looks like a hangout place for super privileged bros?
From CRED to PhonePe to all others, are you guys seeing your company making any money or path to profitability?
Zerodha guys, please don’t talk 🙅♂️
Let's ignore what's wrong with startups, keep this an optimistic thread. Which startups make you excited about their future? The ones that have cracked product, GTM, model, or something else.
Name the best Indian startups :)
Grapevine 🙏🏻❤️
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.
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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...