Why CRED Is in Losses Despite Popularity: Kunal Shah’s Long-Term Business Vision
CRED is one of the most talked-about startups in India, especially among credit card users. It offers cashback, exclusive offers, and a premium app experience. But even with such popularity, CRED has been reporting huge losses. So why is that happening? Kunal Shah, the founder of CRED, is building a business that focuses on trust…