CosmicDumpling

What's your outlook on Cred?

I'm really bearish on it and I'm surprised by people still being bullish about it.

Several years in, there's no solid revenue model. All new product launches seem to have failed. Amongst Bangalore techies around me, I've only seen the userbase decilne without a single advocate for it's products.

Anyone here who still believes in it?

25mo ago

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SwirlyPretzel

Google25mo

They’re building a lending book. No lending company in india has ever gone bankrupt, unless they indulge in fraud.

JumpyHamster

Stealth24mo

Wealth management and lending soon.

ZoomyPickle

Student23mo

Going nowhere.

Their user base doesn't need loan. And lending is way different than building some superficial app.

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Curated from across

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.

...

Comments

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...

It is doomed. If they layoff I hope they fire the UI/UX design first for such an atrocious app design

Lending is the business here

Indian Startups3mo

by SquishyQuokkaGojek

This is the reason why Indian Startups get a bad rep globally…

Promising big rewards but backing out due to 'technical issues' is bad business practice. @CRED_club should own up to their commitments if they want to build lasting trust.

**Disappointing for users, embarrassing for the ecosy...

11K

Comments

This is expected from a company like CRED. Am sure no one wins this jackpot but you did due to a technical glitch. Th...

Cred guys anyway looks such a fraud guys. I have never understood why people use things like Cred!

Tbh CRED never appealed to me Personally. They are just burning cash and with no business model. Kunal Shah maybe a...

Indian Startups8mo

by WigglyPenguinStealth

Why is CRED spending so much on Ads ? Do they really need it ?

https://www.youtube.com/watch?v=fE0frCNDccQ&ab_channel=CRED

Comments

We don't know how much they spend. But, to be honest, I love their Ads. It's so much creative

Let me know if you resonate with this. Kunal has invested a lot in his personal PR as well. He has transform...

Why companies like Nestle, Pepsi keep advertising?

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