🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Anonymous

Stealth • 10m

Let’s start a discussion on CRED. What do you think of this startup ? Loss making, super premium product, expensive ipl ads. What’s the market like for them ? Is it Just a big bubble startup or something valuable can come out of it. I see that they g

Ajay Sai

Stealth • 10m

People on the platform are elite/ tend to show good behavior with money and are trust worthy coz they pay their bills on time and not everyone can enter the app. This is a great community CRED doesn't need to do anything simply Crosssell products, show ads, lend money all of this and anything will work. Especially their p2p lending will work like magic as people will almost never default. I love the fact that kunal takes care of his employees really well close to 300cr in employee benefits and investors trust him coz he know his shit. The higher valuation CRED has and is making loss makes people think as is its a failure. The users of the app are absolute gold mine not just in one way this audience can be monetized in infinite number of ways.

2 replies2 likes

Replies (2)

Udyamee

Stealth • 10m

After being lured in by the fancy ads and community hype, I joined the cred about 6 to 7 months ago, only to find it's just another UPI app with nothing exclusive. Since installing it, I've never felt its necessity. Here's why: 1. Despite claims of selling premium products, it primarily offers cheap Chinese goods. There's a lack of branded items and variety, with only a few Shark Tank featured brands available. 2.The app has shifted focus from being a credit card app to simply another UPI platform with a mediocre e-commerce store. 3.The reward system is abysmal; Cred coins hold little to no value, and the in-app games resemble those found in online gambling and betting apps, offering minimal rewards. Honestly, I believe Paytm has achieved what Cred aims for. Even I've switched back to Paytm for all my financial activities but then all this paytm bank issue happened.

0 replies

Anonymous

Stealth • 10m

How long do you think they can maintain elite audience because more users will come. How will they guarantee zero default then ? How is 6 billion dollar justified man ? And how did Kunal shah become such a big trustworthy founder, all I know he had made successful exits of bad companies

1 replies

Recommendations from Medial

Mayank Kumar

Stealth • 7m

Does the cred coin actually work? I mean whats the use of cred coins anyway?

12 replies11 likes

Anonymous

Stealth • 1y

I met a VC today and he told me his cheque size doesn’t match our round size and then I opened his website to show him his cheque size. His face crumbled with embarassment 😂😂 Funny people.

2 replies15 likes

Yash Barnwal

Stealth • 3m

Here's a breakdown of how CRED makes money, based on their FY23 financials. With a significant chunk coming from loans, payments, and travel management, the platform diversifies through advertising fees, insurance, and corporate expense management. T

8 replies20 likes

Aryan

Stealth • 5m

Kind of stupid guests Nikhil is inviting for his WTF podcast nowadays is making me lose interest in the show. Do you feel the same?

yes

Votes: 12

8 replies3 likes

Anonymous

Stealth • 2m

How can I trust people online while sharing my startup idea or shall I not worry at all As I don’t have anything legally registered

13 replies7 likes

Anonymous

Stealth • 3m

The 🔪 axe of an executioner who executed over 500 people 💀 The Master - as he was nicknamed - began his career as an executioner at the age of 17. He likened his work to a medical practice, calling the condemned “patients” and the execution proce

3 replies2 likes

Udyamee

Stealth • 7m

Credit card bill payment apps are overrated.😮‍💨 I have accounts on Cred and Cheq, but they have no real use. On a bill payment of ₹30,000, Cred pays ₹3 cashback🫡, and the Cred coins are practically worthless. Cheq, on the other hand, have same

13 replies10 likes

SHIV DIXIT

Stealth • 9m

Viral Marketing Strategy - 6 IWC SCHAFFHAUSEN is the luxury watch company with the valuation of 12.5 billion dollars. In early day's IWC is not so popular most of the people thinks that their watch are bad in looks and designs so his marketing tea

11 replies23 likes

Anonymous

Stealth • 4m

🚀 The Success Story of One of the World's Most Controversial Billionaires — Donald Trump 💲 Donald Trump, a prominent figure in both business and politics, has had a tumultuous journey to success. Born into a wealthy family, he began his career wor

4 replies7 likes

SamCtrlPlusAltMan
•

OpenAI • 8m

CRED CEO Says "Engineers May Eat Doctor's Jobs", Triggers Debate On X Kunal Shah, CEO of CRED, sparked debate with his statement, "Engineers may eat doctor's jobs." As technology reshapes industries, Shah hints at a future where engineers, driven by