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Stealth • 7m

How CRED Cred-ed ? Short Case study on CRED CRED, founded by Kunal Shah in 2018, shows how a failing loyalty program can morph into a fintech unicorn. 🦄 Here's how: ➪ Gap Filled: CRED made credit card bill payments easy and rewarding. ➪ Initial Struggle: The loyalty program flopped. 🚫 ➪ Quick Pivot: Introduced bill tracking and automated payments. 💡 ➪ Rapid Growth: Hit an $800M valuation in under a year, raised $215M from top VCs like DST Global and Ribbit Capital. ➪ Unicorn Status: Achieved a $2.2B valuation fast. 🚀 ➪ Lesson: Spot challenges, pivot swiftly, diversify, and adapt. CRED's journey is a masterclass in entrepreneurial resilience. By staying flexible and responding to user needs, CRED turned a near-failure into a massive success story. -- Found it interesting ? Let's connect and build together

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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

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Aryan patil

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Monkey Ads • 7m

Reports saying Porter became India's third unicorn of 2024 (with a valuation of $1 billion and above) after a fresh internal round.

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Somen's 8D world

Stealth • 7m

as a fashion brand you want a loyalty program for your customers. you have to choose a platform. what features you want

2 replies4 likes
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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

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13 replies10 likes

LesGo

Stealth • 4h

Hey Bangalore Restaurateurs & Cafe Owners! Did you know 70% of diners prefer restaurants with loyalty programs? Partner with LesGo to keep your guests coming back and grow your business effortlessly! Here’s how we help: Boost Loyalty: Set up a

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Hayan N

Stealth • 4m

Ten website that are useful (Part 2) CODIUM AI 1. VS Code Extensions: Develop and sell extensions. 2. Coding Assistance Services: Provide coding suggestions 3. Coding Tool Platform: Create a tool-sharing platform. MONSTER API; 1. Job Search Tools:

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Vinayak Shivanagutti

Stealth • 8m

Case Study: Paytm – India's Payments Pioneer Founded in 2010, Paytm revolutionized India's digital payments landscape. Stats: Users: 330M+ active Merchants: 21M+ partners Business Model: Payments, financial services, e-commerce. Revenue: FY18: $

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Rajan Paswan

Stealth • 7m

Hack Used By Startup #5 How a Dog DNA Startup Unleashed a Poop-Powered Loyalty Program!!! The Challenge: "Pawprints & Pedigrees," a startup offering dog DNA testing kits, faced tough competition in a crowded market dominated by big players. The App

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Rosa

Stealth • 5m

The Bengaluru-based consumer lending and payments unicorn slice has concluded its total debt round of $30M from Neo Markets! In the latest round, Slice raised approximately $8M, following a $20.5M raise in June. Additionally, the fintech unicorn s

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Shuvodip Ray

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YouTube • 7m

Logistics services provider Porter has reportedly joined the unicorn startup club after completing a fresh friends and family round, in which individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, a

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