How does CRED make money?

COURSES: labourlawadvis...
.....................................................
Open Zerodha A/c, start investing: link.labourlaw...
.....................................................
QuickPayroll: quickpayroll.in/
.....................................................
Explained in 1 Minute
How does CRED make money?
.....................................................
Editing: Prince Sogani
Content Research: Rutvi Chudasama
.....................................................
Newsletter: labourlawadvis...
Instagram: / labourlawadvisor
Twitter: / advisorlaborlaw
Telegram: @JoinLLA
.....................................................
#LLA #CRED #CREDrevenue #CREDbusinessModel #LLAshorts 145

[@LabourLawAdvisor]

Not that I am.against it but filhal nahi hai :) Imp links link.labourlawadvisor.in/shorts

[@rohitvhanmore8742]

Sir also know this all thing like you. Which subject that you have taken.i am in 12th now

[@mohammadshadab7895]

Nhi Hi boss

[@shaikhmuzammil3410]

Nhi hi

[@sameersharma3128]

Need a video on pan card correction could you please think about it?

[@mantwal]

Sir Ji... Crowd funded amount par taxation ka kya scene hota hai? Aur kya sari categories mein same taxation hota hai? Like personal use category. Please do reply.

[@omkarmishra7533]

Credit Card nahi hai.... Labour Law Advisor ne mana kiya hai! 😂

[@kimjongun6887]

Han

[@allent4627]

@Winners Handbook sahi baat hain bhai. kunal bhai ne bhi ek podcast mein bola tha ki it's like a 🔪, you're good to go only if u know how to use it:)

[@tusharranjannayak2100]

Bank account hi nahi hai 😅

[@sangharshpatil9995]

Credit card is good atleast better than debit card

[@aman_kumar_NCR]

@Gaurav Life Insurance or Health Insurance bhi toh hoga insaan ke pass . By the way if any person has 50 Lakh in FD will surely have 20 Lakh in Bank Account . Credit Card has benefits and some loses too . I think credit card makes you fall into Debt Trap if not used wisely .

[@chiragsingla9499]

The companies who sustain their customers only by giving cash back and other rewards (through cash burning) have to work alot for becoming profitable and most of them will never become profitable. (example is zomato )

[@faisalmuneerone]

+ paytm

[@ridhamgoyal5855]

+swiggy

[@lokesh2770]

Kya haal hai bhai Zomato got profitable

[@chiragsingla9499]

@@lokesh2770 bro have your every heard the word window dressing in trade. Most probably they are doing this for making there share price stable. They actually had to be profitable for atleast next 5 to 7 years to recover their previous losses. Moreover they are operationally non profitable.

[@chiragsingla9499]

@@lokesh2770 Issue se aaj bhi niche hi ha

[@ChandraShekhar-by3cd]

Credit card nahi chahiye....Call dropped !!!!

[@sahilbalani8896]

👍

[@abhijithodayoth9061]

Cred is a databank. It has financial records of millions of Indians who have high credit scores and their spending habits. This can change the way advertisements target people and make money to cred in the near future

[@shammykumar5537]

Credits cards are not bad if you are disciplined.

[@MrManishbhambhani]

CRED is not only going to generate revenue by selling or giving loans it is going to earn by sharing data with e-commerce websites so is definitely going to make huge money

[@goldencharlie8434]

Their different advertisement strategy was also one of the factor for attracting users.

[@Tanvir_x3]

Bas bolne ki baat woh ad acha tha lekin usse kch hua ni. How many of us actually have credit card?

[@goldencharlie8434]

@@Tanvir_x3 Bhai sarcastic way mein bola tha

[@idk-69247]

Ads on insta, Promotion from every big youtubers On tv also And boom , app is popping out 😂

[@waduhek5039]

@@idk-69247 cred is actually one of the best apps tho, the deals and offers and unbelievable.

[@sagardhangar6321]

I have been using cred since 2019 and trust me, it has made revolutionary changes in the way we pay our bills. I have 9+ credit cards and CRED has helped me to pay their bills right on time. The UI in next level and you feel like using some future tech app. ❤️

[@RaunakPSingh]

Don't use credit cards. They are trap and will never leave you. Just stay away from these things. Use debit cards and cash as much as possible.

[@bajrangsinghjodha9]

Credit card is best thing

[@RaunakPSingh]

@@bajrangsinghjodha9 tell me why is it the best thing?

[@Ravi_3393]

For all online payment , credit cards are best way of payment.

[@fistarena4735]

5% discount dete h Flipkart or amazon p

[@GaganSingh-zz9el]

@@fistarena4735 han use krna ata ha shi se to best chij hai nai to aadmi ko nanga kr dega agar jo bande ko use krne nai ata hai to

[@karanrjadhav1929]

No credit card since I born... cibil score is fucked up by Pl from last 6 years.. lost job too thanks to covid... lost family member & friends... and top of the cherry gf said no to marry because I'm poor now... depression took me so badly that afraid of going out... but I like your channel & the way you're sharing information... I'll be keep hitting like till I'm alive... 🙏

[@kuldeepteotia4805]

It's life brother , something's happens for good , keep fighting ✌️

[@Salmanhatedworld]

Never give up bro

[@karanrjadhav1929]

@@Salmanhatedworld this dialogue is old now and won't work on fact & figures..

[@Salmanhatedworld]

@@karanrjadhav1929 hope is everything

[@ahmedalimax]

Stay strong bro . I lost my Business in covid. I can Feel your pain

[@pranaybwm]

I have 6 credit cards and paying them through cred. One thing to say cred UI is not so user friendly its looks like distorted so much. They need to simplify UI

[@shubham7668]

wait wtf

[@sanjayprasad594]

There is no one in the market who is even 1% of what cred has actually is...

[@NitishChandran2015]

I want to just put it out in the universe. CRED's App is built on their custom libraries and custom framework. Their App is engineered to handle high volume payment and shopping transactions. I don't think CRED'S App is not usable. Its on another level of user-friendly index.

[@pearlbabbar7981]

Love your shorts. Binge watched them today. They are quite interesting. Keep up the good work.

[@Vkrcb99]

Nhii h I love to watch ur videos sirr and it provide me much more things to connect the things in very simple manner as I'm preparing for one of the toughest exam 😁

[@Vkrcb99]

@Ankur Shukla good I have to give it in 2023 Any guidance? Which attempt is this for u??

[@Vkrcb99]

@Ankur Shukla ohkk By the way It's good advice I have lots of tension whether I'm in right direction or not... Can u please tell me from where u prepare current affairs I follow Mrunal Patel sir for this U have performed very well in ur first attempt sir

[@Vkrcb99]

@Ankur Shukla ok

[@prithvishmulchandani6032]

Credit card hai, to like kardo nai he to comment kardo channel ki reach badhani hai rishabh bhai 😉😂

[@dhruvrathee1]

Okh bro abhi bdha dunga 😂 Nhi hai cc

[@commentguy832]

Nahi hai bhai Jaroorat nahi padi kabhi 😂

[@Takeiteasy-ht2ov]

Avoid using other cred app services like rent pay, as they often impose high service charges. Additionally, keep in mind that you may incur additional transaction charges if you choose to pay rent using a credit card.

[@saurabhhedau3300]

Please create one short about your education.. please..and journey if possible.

[@funwithfamily2320]

Yes you r right ...They r making a community of 750 + fair people 👏👏👏

[@trendztrader7086]

Jis Company ka Revenue 52 Lakh Se 108 Crore Hoo Sakta hai woh Company Profitable Bhi Ho Sakta Hai

[@swapnilg4u]

jab sare insaan khtm ho jayenge to kya aliens ko allow krega? Revenue is not equal to net profit... Ebidta dekho

[@trendztrader7086]

@@swapnilg4u Jo Investor Hai Woh Gadhe Nahi Hai Joh Crore Ka funding Paani Mein baha Rahe Hai.

[@amareeksingh2294]

@@trendztrader7086 bro kyi baar investors bhi laalach mein aa kar bevloof ban jate hai. Prime example is :WeWork, soft Bank lost billions of dollars in that startup WeWork k CEO ne sabka essa dimaag gumaya ki khud to pessa bna k nikal liya but dusro ka huge loss karwa diya

[@trendztrader7086]

@@amareeksingh2294 haa Woh toh hai But Investor Bhi janta hai 95% Companies Doob Jayenge but Jo 5% bachega Woh hi Max Return Le Ke Ayega.

[@trendztrader7086]

@@amareeksingh2294 investor Probability Wala Games Khelte Hai.

[@mackisbrocklesnar]

Cred has acquired a lot of other companies. Those are pretty profitable.

[@jagniyantlunagariya3922]

Dhanione card mat lena.. They are looting.. 250 rupees subscription fee per month and even if you don't use you will be charged subscription fee for next 3 months.

[@akashtodkar5188]

Bro Dhani free cash back card to free hai na? Mene apply kiya tha... physical card bhi deliver ho Gaya Not using it much. Will there be any charges?

[@takrian]

@@akashtodkar5188 Don't use dhani.They are fraud

[@jagniyantlunagariya3922]

@@akashtodkar5188 is me 2% cashback milta hai usse jyada to sbi card wale dete hai. (10% discount)

[@jagniyantlunagariya3922]

@@akashtodkar5188 cashback ka jyada pata nahi hai lekin dhanione freedom card mat lena. Agar kisine liya ho to activate mat karna.

[@shaquille.oatmeal8968]

@@jagniyantlunagariya3922 don't spread fake news or pls explain your issue

[@pawan2787]

Data is the new oil.. They hv got some serious user information.. Which gets sold on big money too. And you are right.. They are making a their own echo system via their platform.. I can gauntee they aren't fools bearings such a huge loss... Things are different behind the curtain.

[@ek_virus]

This is patient game. And kunal shah knows very well that how to play it. That's why this company has only loss and still stand at 4BN mark.

[@hollywoodjunction7101]

Off course cred will ilbe profitable in future because it is backed by Kunal shah . He is building product now by taking investment it's like spesx . Who was in loss for long time and then become one of the biggest company in the world

[@shuvampargal4754]

12 credit card hai plus i know to use it and make money out of it

[@prasannahirlekar]

Same here ... Ab tak cred se 9946 cashback... Aapka?

[@shuvampargal4754]

@Ujjawal Maheshwari yes i have az icici which actually useless now and then fk axis which for me is the best card adn then paytm citi

[@priyodit]

oopar kisi bhai ke paas 7 cards hain, to chalo tum bhi aa jao UNO khelenge

[@kiranwankhede7895]

Offcourse hoga, cred is incredible app

[@pratyushkumarrout9781]

Pocket mein paise nahin hai toh, mann ko samjha lenge, par credit card nehin lenge. Its addictive.

[@gopalbala3591]

it depends on how much control you have on yourself i have 4 credit cards but know my limitations & not overspend...got 1st card in 2018 have never defaulted on any payment

[@drriteshsharma6448]

Cash burning machine, new trend in last 10 years in market....

[@theshivrajroy]

0.75x speed for normal voice

[@sarveshpatil453]

Right

[@atharvadhokte8851]

Hi big fan of you Please make video on People living on rent , rent laws

[@atulnarayan2138]

nahi hai credit card.................. love♥

[@shaquille.oatmeal8968]

Grt video

[@InvestWithGirish]

Esa lagta hai Losses hi Startups ko Khatam kr denge, Jaise PayTM ne Start kiya tha Waisa Paytm Mentain nhi kr paya😥

[@yashthakar9441]

Cred me reward points kachra milte hai..mostly users band kar denge cred use karna bahut easily agar reward point khatm ho gaye to. Cred fail hoga jaldi.

[@playboiteen]

Sir please tell that how many types of taxes are included in a product

[@holdmyawm7478]

CGST,SGST,UTGST,IGST and Vat

[@skundu9009]

Main business of CRED is Data.... India's premium customers data... this is GOLD... baki aaplog samajh lo..

[@Sherrygamespvtltd]

when you go from 52 lakh revenue to 108 crore in a year lmao

[@skundu9009]

Kolkata ka 5-10 chaiwala ko janta hu... jiska 52 lakh se Jada Yearly revenue hey...

[@napoleon9176]

@@skundu9009 aur 108 crore wale kitne chaiwalo ko janta hai

[@skundu9009]

@@napoleon9176 😀 108 revenue me investment kitna hey wo v dekhiye... utna paisa agar aap ko diya Jaye to aap v sayed isse Jada profit khara kar sakte hey...

[@skundu9009]

@@napoleon9176 cred ka Asli income is sab se bohot Jada hey... which is hidden from tax department... CRED only business to gather India's premium customer's data and spending behavior data... They trade with data... It's the only Business Model. Rest is eyewash.

[@napoleon9176]

@@skundu9009 Kunal Shah se jalta hai 🤣😂

[@siddhantdhyani9968]

i think rbi should really look into these companies for the sake of growth of credit markets.

[@ninjaarashi851]

Making 2 min video would be better than 1min video on 2x🙂🙂

[@bajrangsinghjodha9]

I use cred and this is best app.

[@ashishtanwar3296]

Good Evening sir, Sir meri service time -4 years 9 months Sep 2014 to 15 May 2019. My pf claim settled with 10% TDS. My pension claim rejected with reason your 1) service is less than 6 months 2) not eligible for withdrawal benefit. Ab mai kya Karu ₹ 46500 ka pension amount hai. Please help.

[@hrishikesh07m]

Beautiful application. Cred is revolutionary. I am fan of this app. I shop mostly from cred. And almost left amazon 🤭

[@chirantanx]

I see. No comments 😂

[@megaHarshTiwari]

I too

[@krishnaarora6955]

😂😂

[@ManojKumar-jb4sc]

Instead of posting shorts in this main chanel You should go for new chanel beacuse main chanel's video is go too low while searching in video tab of the chanel. You should also try this in on your mobile phone not in desktop. Scrolling require effort while having a look on your main chanel's videos(not shorts).

[@utkarshx27]

very good strategy

[@sanapalalakshmipathi]

Every credit card company is profitable because of new changes in ecommerce market, mostly because of No cost EMIs...

[@laxmikantsoni14]

What a great Idea

[@laukeshjaiswal5276]

Nahi hi However contents are always awsome

[@alokkr029]

I say no to credit card……even no debit card …. I make my self go to bank to withdraw money… this was i spend wisely

[@knowledgeideas5738]

Rewards is of no use It's sell things more rate than what we get at Amazon

[@naveenmittal03]

Sir please make an video of cred business ...

[@TheOdiaTrader]

*No bro As u advised, No Cr card!*

[@siddharthapaul2162]

Can you please share a video about how microfinance business model works

[@playwall1857]

Some startups in India experiment with fundamental business models after raising money. I wonder what they say during fund raising pitch.

[@originalrelease3407]

Bahut achcha cred

[@abhilekhhhh]

Kunal Shah is a genius

[@JKA-sf7ll]

CRED is going to be big brand in metro/Cosmo cities..in Bangalore every senior has CRED app (as per my company fellow)

[@AmanDeep-ht4cn]

Please make a video on slice credit card and uni Card

[@akashtopder7251]

This thing is people with 0 financial discipline and 0 belief in themselves to be a financially disciplined person will always say credit cards are bad and "credit card nehi lena"

[@PahadiBrothers769]

Nhi hai

[@okdilip]

Please make a video on 12% Club

[@udayvirsingh7179]

I have no c. Card love love ❤️ to LLA for improve me in my jorney

[@shubhamsingh2468]

Kitna bhi karlo atleast vo log loss mein hi jayenge just like Paytm. Because people here are more intrested in earning only cashbacks. They are not intrested in anyother offers and yes cred give really good cashbacks compare to other payment apps

[@AmitSaxena-kc2hl]

Hai g sare credit cards hai... SBI, HDFC, AXIS, ICICI... Cred se mujhe to bahut cashback mila h i m happy 😊 & cards se reward points

[@rajatgupta2194]

nhi h sirji. but ab soch rha hu lene ka

[@prakashshukla2080]

Don't have Credit card and will never get one. Bcz I like to spend in cash so that I can control my spending and get the sense of how much I'm spending and if it's worth it or not.

[@satishgupta2537]

Cred it good app..fast payment processing and even i took loan form it

[@TheDevendra]

8 saal se use kar raha hu credit card... nearby 9 banks ke card hai...but abhi tak kabhi late fee/interest nahi bhara... Use karoge to sikhoge nahi to aisehi rahoge

[@praswanthreddy2673]

By the time cred is getting some revenue new player cheq entered the market.

[@killerdudebansal]

Cred do ask very confidential permission. So be sure while subscribing.

[@terminator-cgaming7536]

Please apne short ko thoda sa slow mein record kijiye

[@swetanshuprasad9103]

Yess ho pyega profitable

[@kurbanalishaikh]

mujhe bhi cred 80k ka loan instant de rha hai 60k leke 9 month me clear bhi kar diya 🔥thanks to cred cibil score se hi 80k ka loan de rhi hai

[@rock5989]

They are just burning cash until someone acquires it.

[@kartik180rajesh1]

Bhai this was sped up a bit too much. Thoda slow kardo agli baar

[@akshatjaiswal3705]

make a video on best app for credit card bill payment

[@rajivbhowmickgkb280]

Nehi hai Kuki me LLA ko regular follow karta hun 😎

[@hema2a3d]

Cred will not make money if they go like this. Reasons : 1. Cred coins are useless exept to play dumb games. Sbi card app gives more benifit than cred. 2. Discounts on cred platform even after applying cred coins are far more less than amazon, flipkart daily deals. 3. There is no point in paying through cred you wont get real world benifits, you only get cred coins Which inturn is useless. So i think it is bad idea as of now.

[@AkashdeepSingh-ip8rc]

What is cess. Make a full detail video

[@navneet2649]

Pls make a detailed video on advance tax. Who hall have to pay, how to pay etc!

[@beautyissmile1448]

Life time free cc Hai par kabhi use nahi kiya. Just put it as a safe side. 😎

[@naveenthapa97]

Subha ke time mai rkho short ka time

[@nikgujare18]

According to you ye strategy kaam karti hai 750+ only.. agar dhanda hai toh 5rs cup ice cream and 60rs ka cassata bhi chahiye.. ab har koi sirf cassata nahi khayega

[@KrishnaGupta-qq6fx]

I just don't understand how the heck cred's valuation is being done. If you see their EV/Revenue multiple then it's around 1300x, damn!!! Bhai aisa kaunsa khajana (growth potential) chhupa hai is business me...

[@dhirajkumar1651]

Abhi tak zindagi Bina credit card ke mast chal rahi hei

[@RBVijeyShankar]

It is one of the best apps to pay a credit card bill in which you don't have a savings account. Paying the bill of credit card is a mess when you don't have a savings account in that bank.

[@eboyblackout]

That's the first & last thing it's good for, just paying bills, rest everything about that app is shit & absolutely useless!

[@venkatesh1751]

So nice 👍

[@mohammedateeque1800]

Never took any loan till today. Applied for multiple bank credit cards and all got rejected. Reason received that I don't have CIBIL. @Labour law advisor please help me on this on how to get a CIBIL and inturn get a Credit Cards.

[@harshalnavghare]

buy phone on emi.. pay it on time... u ll get cibil score

[@robingamingworld5405]

Jarurat ich nhi hai 🥱🥱 wase like kar deya 🤫

[@mayanksahni4222]

Credit card nai hai par like kar dia sir.

[@msh3309]

loss is another term of faking tax expenses...

[@princek8617]

Is cred really a Delta 4 product.

[@rishikeshpawar9663]

If organization ( even if it is startup) is stable with profit and all things then this should be listed under unicorn , i don't think so CRED has oukat to seat in this community (Unicorn).

[@sanjayprasad594]

Kunal Shah naam to suna hi hoga

[@rishikeshpawar9663]

@@sanjayprasad594 Yes but Inka idea kuchh useful nhi lgta , mere pas 5 credit card hai , Mai khud manage kr skta hu na, then why should I use this so called cred app , Mai manage kr sakata hu is liye to itne cards hai mare paas , why should i take support from third party?

[@sanjayprasad594]

@@rishikeshpawar9663 apart from cred , tumhe kaun dega itne rewards bill payments pe and also cred ke jyade reminders aate hai bill payment ke liye , and i challenge you to name any 3rd party app apart from CRED or even your cc issuing bank app , jo hidden charges detect karke tumhe bta de

[@ipaddress2720]

Nahi hai Par like kar he diya

[@prakashchouhan7957]

Credit card to nhi he but cred will be market leader in it's segment.

[@DrNatureee]

Credit card nahi hai.

[@yogeshsinghchauhan8150]

Nahi hai & I’m very happy with that

[@atulsingh2277]

They dont need to be profitable..they just need to find someone like axis bank(freecharge) to sell cred to them..buisness model hai idea se cmpny banao aur kisi aur ko tika do..profit mayne nai rkhta

[@sangharshpatil9995]

Cred is going to be a big thing soon

[@nirvana8824]

This is a damn masterpiece Idea. Hats off to the cred founders.