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Anonymous

Stealth • 8m

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 • 8m

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 • 8m

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 • 8m

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

Anonymous

Stealth • 11m

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

Anonymous

Stealth • 1m

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

Yash Barnwal

Stealth • 2m

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

Aarihant Aaryan

Stealth • 3m

Cred is the right company to solve for events and experiences - huge opportunity for them.

3 replies16 likes

Praveena J

Stealth • 7m

Inspirational insights: the quotes collection:- "We don’t just trust people to obey the rules, we also trust that they know when to break them." - SIMON SINEK

0 replies2 likes

Aryan

Stealth • 3m

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

Yash

Stealth • 3m

India needs Something as big as ( or more ) then ".com boom" in 1999. People were investing Money in anything and even the Loss were a Profit at that time. A guy planned his IPO before even Incorporating his Company. Money was getting Invested withou

0 replies7 likes

Nawal

Stealth • 3m

Cred Technical Glitch 🔥 A man played CRED’s Friday jackpot and won a MacBook, iPad, AirPods Max and a TUMI bag worth Rs 3.25 lakh. The company asked him to fill in his PAN details so that the TDS on the jackpot can be paid. But his happiness was

33 replies33 likes

Udyamee

Stealth • 6m

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

Anonymous

Stealth • 7m

VC Tales: Rajan Anandan, the celebrated VC, has a penchant for backing game-changers. -His $3M seed in Ola, India's ride-hailing giant, set the stage. -The $2M Series A in Freshworks, now a $10B SaaS unicorn, displayed his foresight. -Rajan's