They'd raised $170M - Their model was to manage peoples credit cards and then pay off high APR credit card debt by taking on a lower interest loan through Tally, a better debt consolidator.
What does this say about Indian startups like Cred, Cheq? Will these be viable businesses?
Wait, that's not the same as the accounting tally software
Yeah, i was also surprised lol. This is different tally.
https://entrackr.com/2023/09/exclusive-y-combinator-backed-akudo-to-shut-down-ops/?s=09 What is the reason fampay is facing the problem and akudo got shut down what is the reason?
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 🙅♂️
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