Indian Startups27mo
by ZoomyBagelAnalyst
No layoffs at Cred?
Why hasn't Cred laid off despite their massive losses? Looks like VC pressure doesn't apply to certain people.
BouncyDonut
Hearing rumours about CRED layoffs
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?
15mo ago
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QuirkyWaffle
MakemyTrip15mo
Has anyone read the morning context article on CRED? Apparently they have an another year of runway left at current burn rate.
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Layoffs26mo
by DancingPancakeUX/UI Designer
Indian Startups10mo
by WobblyNarwhalMarketing and Growth
CRED revenue?
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?
News Discussion10mo
by CosmicTacoGrapevine
Cred's Revenue Soars 66% to $295M, Loan Portfolio Hits $1.8B
- Fintech unicorn Cred reported a 66% increase in revenues to $295 million for FY24, driven by strong growth in lending, payments, and insurance businesses.
- Despite a 25% increase in overall losses to $196 million, operating losses de...
