What's the deal with CRED?
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Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that?
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How much are they burning now? How much runway do they have?
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Cuz everyone abuses their CRED coins and calls them worthless.
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Most importantly, I'm sick of seeing Kunal Shah's smug dp pop up on my Twitter everyday with some new gyan while it's unclear what he even does
Kunal Shah has understood this is not the path to profitability that is why he has setup a new nbfc
His request for nbfc license has be rejected by RbI
Nope, on the contrary it's running profitable.
The guy know how to distract
It's just a credit card alarm bill app. If not already done, just like many other fintech apps, i speculate they would onboard mutual fund platform.