Aparimit

[Kunal Shah @kunalb11]

It’s been a minute.

2015–2018
- Exited FreeCharge. Spent time learning and investing.
- Pondered about: Why can't trust be rewarded? Started with $1M of personal capital.
- Launched CRED to reward people for paying credit card bills on time.

2019–2025
- Built a system run by a team that values ownership, judgment, and craft.
- Grew from 0 to 17M members by aligning incentives with behaviour.
- Built several products during COVID lockdowns.
- Raised $900M+ from global investors. Did 4 ESOP buybacks.
- Made Indiranagar and IPL ads slightly more interesting.
- Received a full stack of regulatory licences.
- Lost 35 kilos.
- Scaled from 0 to ~$325M ( ~₹3,200 crore) in annual revenue across payments, lending, insurance, commerce, wealth, and credit cards.
2026
- First profitable quarter (yet occasionally asked what our business model is)
- Raised another $900M from Meta in primary and secondary capital.
- Announcing our 5th ESOP buyback.

Today

CRED is ready for its next phase. I am stepping back and @miten steps in as interim CEO, partnered with an incredibly talented team. He has been heading strategy and finance and suffering me since 2020. I’m stepping away from the operating role and will continue as a shareholder. My commitment doesn’t change. Just the role.

Extremely grateful to our members, partners, regulators, and investors who made this possible. And to our board, Shailendra, Micky, Saurabh for their extraordinary conviction.

Team CRED, I’ll still expect you to be a 10x version of yourselves.

As for me, I’ll be joining Meta to lead WhatsApp globally.

Meta comes in as a minority investor in CRED. No access to member data.

While it’s come very far, the delta between WhatsApp today and its full potential is massive. I look forward to working with Mark, Chris, and the leadership across Meta for the next step in WhatsApp’s journey. Will, thank you for scaling something the world relies on quietly, and for making this transition smooth.

Onwards.

[Chelsea FC @ChelseaFC]

Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐Come and visit London’s Home of Trophies. 🏆

Book your Stadium Tour at Stamford Bridge now. ⭐️⭐️

[David Ornstein @David_Ornstein]

🚨 EXCLUSIVE: Agreement complete for Xabi Alonso to become Chelsea manager. 44yo Spaniard visited London early last week & accepted opportunity; 4yr contract now finalised - announcement imminent. Primary target throughout + wanted #CFC move @TheAthleticFC https://t.co/4022hQsMXA

[Vishal Ganesan @vjgtweets]

Typically NO ONE is allowed into the inner sanctum other than the presiding priest. In all my years of going to temples, I've never seen a devotee in there.

If you have evidence that a particular temple is literally screening people who request entry, you should name the temple, and I will join you in condemning them. Otherwise, this is just slander.

[Joel Embiid @JoelEmbiid]

ROUND 1 ✅
Boston, please be classy my friends! I still love and respect you!!

[Joe Weisenthal @TheStalwart]

The S&P is down less than 4% in 2026. This is despite a war, an oil spike, extreme levels of anxiety about AI disrupting every industry on earth, rising interest rates, private credit worries, and big tech companies moving either down or sideways for over half a year now.

[Sumeet 🇺🇸 @flameosumeet]

Clearlake have genueinly sucked all the hope out of me as a fan, I’ve never felt this way supporting Chelsea.

I will always love my Chelsea, but for the first time ever, I don’t have any hope that we get better. This is what we are.

[Yoghurt @TheChelseaTalk]

Whatever man, the Chelsea we grew up with doesnt exist anymore, the worst thing they couldve ever done to us was turn us into Arsenal and they did exactly that

[Dr. Ayesha Ray @DrAyeshaRay]

I don’t know who needs to hear this but attacking Aditya Dhar or his film Dhurandhar because Nikhil Gupta got arrested in the US is a sign of very low IQ. Not every Indian espionage film is about Khalistanis.

[Wasim Akram @wasimakramlive]

It is heartbreaking to hear our skipper Imran Khan going through health issues. I sincerely hope the authorities take this seriously and ensure he receives the best possible medical care. Wishing him strength, a speedy recovery, and a full return to good health. possible medical care. Wishing him strength, a speedy recovery, and a full return to good health.

[Aparimit @BourgeoisCFC]

@l0calpal Translation: My son has a GC/citizenship tum apna dekho

[Claude @claudeai]

Claude in Excel is now available on Pro plans.

Claude now accepts multiple files via drag and drop, avoids overwriting your existing cells, and handles longer sessions with auto compaction.

Get started: https://t.co/cAMDXM1h7r

[Bryan Cheong @bryancsk]

My suspicion is that SF tech people are bad at understanding company financials (even their own companies) because they think Excel and spreadsheets are low class.

[Netflix @netflix]

Today, Netflix announced our acquisition of Warner Bros. Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere. https://t.co/rXPFMNIs1A

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

Ha-Joon Chang is the most important, thoughtful, novel anti-racist thinker alive in the world today.

https://t.co/acprcW0a5Z

[Aparimit @BourgeoisCFC]

Holy fuck Estevao might be better than Eden 😍😍

[Richard Hanania @RichardHanania]

They’re literally trying to outsource Fuentes’ job to an Indian.

[Eden Hazard @hazardeden10]

For a small Belgian guy from Braine-le-Comte playing for fun, being inducted into the Premier League Hall of Fame with these greats of the game at 34 years old is crazy. Thank you to all of you; I will see you soon, my friends! 💙

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

Imagine how leftists would be treating this guy if it had been an Israeli flag tattoo instead of a Nazi tattoo

[Joe Weisenthal @TheStalwart]

Huh. I guess that's one interpretation. Another possibility is that the net-present value of all of gold's future free cash flows has been on the rise. I could see it from both sides tbh.