No layoffs at Cred?
Why hasn't Cred laid off despite their massive losses? Looks like VC pressure doesn't apply to certain people.
Market and news media has been reporting that CRED is scaling up revenues and building huge loanbook, but seems like they are also now laying off people. Why?
Has anyone read the morning context article on CRED? Apparently they have an another year of runway left at current burn rate.
Why hasn't Cred laid off despite their massive losses? Looks like VC pressure doesn't apply to certain people.
I just saw that CRED did 2,500 Cr. In revenue. Can anyone help me understand what is the source of this revenue?
I know they have a decent size loan book, but I’m sure that doesn’t add up to 2500 cr.
Can anyone breakdown their revenue?