How is CRED not collapsing?

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

20mo ago

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SquishyQuokka

Gojek20mo

Bhai trust in cred, it will become the first profitable airline in the country soon, after pivoting 101st time.

SquishyBiscuit

American Express20mo

They have 4 to 5 more years to fail.. Presently looks like they are doing good on lending with 100% growth rate yoy..

JumpyWalrus

Stealth20mo

They got decent run way. If things dont turn around, then it's not a question of why but when

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Curated from across

Indian Startups20mo

by ZoomyBagelGoogle

No layoffs at Cred?

Why hasn't Cred laid off despite their massive losses? Looks like VC pressure doesn't apply to certain people.

Layoffs17mo

by CosmicCupcakeCred

Given the current funding winter and companies are now chasing profitability metrics, how is CRED’s future looking given they are more focused on experience and experience and there doesn’t seem to be a big monetisation play and more gim...

Comments

Morning Context did an article on this, it's behind paywall though.

Indian Startups16mo

by PrancingCoconutStealth

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.

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