BusinessNews

Kunal Shah’s CRED spent Rs 727 to acquire a rupee in FY20

Posting awesome misfortunes is the same old thing for hyper-supported new companies, particularly when they are pursuing scale and securing clients at any expense. While there are numerous new businesses that are in the red with minute working income, CRED’s numbers are a story in themselves. In its second year of activity, CRED has posted working income of Rs 52 lakh by spending Rs 378.4 crore.
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