Key Metrics
  • No. of Employees1208
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹6,448.32 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About CRED
CRED is a members only credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get access to exclusive rewards and experiences from premier brands upon clearing their credit card bills on CRED. CRED partners with the best premier and luxury brands to bring you an unmatched experience at the end of every credit card bill payment cycle.
Business Model

CRED is a credit card payments app with a direct to the consumer (D2C) marketplace and P2P lending via CRED Mint. The company claims to have 22% of the overall credit card users on its platform, with a higher share by value.

Top Competitors
PH
PhonepeU67190MH2012PTC337657
PA
PaytmL72200DL2000PLC108985
MO
MobikwikU64201HR2008PLC053766
CH
CheqU72500HR2021PTC100146
CRED Funding Details
Funding Highlights
Latest Funding RoundSeries F
Total Funding Raised₹6,448.32 Cr
No. of Investments Made4
Total No. of Acquisitions5
Lead Investors5
Investors
  • Peak XV Partners, Tiger Global, Ribbit Capital, Gemini Investment, Alpha wave
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
CRED Financial Details
Financial Highlights
FY 2022-23 Revenue₹1,484.63 Cr
FY 2022-23 Expenses₹2,832 Cr
FY 2022-23 Profit/Loss-₹1,347.47 Cr
Net Cash Flow From Operations-₹912.85 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
CRED Key People
People Metrics
Current Core Team1
Board Members/Directors5

Core Team

KS
Kunal Shah Founder & CEO

Board Members/Directors

RN
Rohan Naresh ShahDirector
KS
Kunal ShahDirector
MM
Meyer MalkaDirector
ST
Sandeep TondonNominee Director
BS
BALASUBRAMANYAM SRIRAMDirector
CRED Documents

AY - 2018-19

Profit and Loss statement - CRED - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CRED for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - CRED - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of CRED for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - CRED - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CRED for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - CRED - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of CRED for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - CRED - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CRED for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - CRED - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of CRED for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - CRED - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CRED for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - CRED - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of CRED for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - CRED - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CRED for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - CRED - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of CRED for FY 2022-23.
₹249.00 ₹498.00

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