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CRED – Indian FinTech company

CRED | Company Biography | Professional Details

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CRED is a Bengaluru-based Indian Fintech company founded by Kunal Shah in 2018. The company focuses on reward-based credit card payments, house rent payments, and short-term credit lines.

As of April 2021, CRED offers five distinctive products – CRED Cash, CRED Store, CRED RentPay, CRED Travel Store, and CRED Pay.

The company benefits users via CRED coins and gems which can be easily used at movie theatres, shopping malls, e-commerce sites, etc.

Legal Name Dream plug Technologies Pvt. Ltd.
Headquarters Bengaluru, Karnataka
Founding Year 2018
Business Model B2B and B2C
Industries Credit cards, Financial services, FinTech, Payments and Personal finance
Website URL www.cred.club
No. of employees 767 (+4 per cent)

Core Team

Kunal Shah – Founder and CEO
Hriday Bradoo – Product Manager
Kanhaiya Agarwal – Engineering Leader
Himanshu Kumar Das – Information security and compliance head
Tejas Balasubramanya – Product Analytics
Trupthi Shetty – Product and Marketing
Abhay Pruthi – Business and Product
Market valuation $2.2 billion as of October 2021
Total Funding $551.4 million
Net revenue Rs 108 crore for FY21
Hub tags Unicorn

CRED Investors – Sequoia Capital, DST Global, General Catalyst, Coatue Management, Dragoneer Investment Group, Tiger Global Management, Ribbit Capital, Sofina, Tiger Global, Hillhouse Capital Group, Greenoaks Capital, Falcon Edge Capital, Sriram Krishnan, ru-Net, Jitendra Gupta, Haresh Chawla, Mukesh Bansal, Amit Mital, Akshay Kothari, Sequoia Capital India, Amrish Rau, RTP Global, Insight Partners, Sriharsha Majety, Rainmatter Capital, Nithin Kamath, Nami Zarringhalam, Gemini Investments, Alan Mamedi

CRED Acquisitions – Happay and HipBar

Supported card types – VISA, MasterCard, American Express and RuPay

CRED Calculators – SIP, EMI, PPF, Home loan, Car loan, Fixed deposit, Recurring deposit, Simple loan and Compound interest

Read more biographies and success stories of business leaders, celebrities, healthcare professionals etc. at Leader Biography.

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'Sometimes, motivation is the only push we need. And someone's story might be the one for us.' He works with a travel company. He is an avid reader of biographies & has written over 150 blogs on topics like travelling, biographies & many other.

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