Avinash

.

[Avinash @avinashvirat06]

Ninna KPHB Lo ❤️‍🔥

[Avinash @avinashvirat06]

@TheodRRRe Ante weak team ki supporting ah 😒

[Avinash @avinashvirat06]

@Wimbledon Dimitrov 3-1 win!

[Avinash @avinashvirat06]

@Stake 🤞
I’d:yuviavinash

[Avinash @avinashvirat06]

@ragsfeed @Borg_Cryptos 🤞

[Avinash @avinashvirat06]

@natweetsnaistm @Cristiano They can’t beat Spain

[Avinash @avinashvirat06]

@CricketTamizhan Mexico goal too

[Avinash @avinashvirat06]

@ragsfeed happy ay ga coco and Norway both won

[Avinash @avinashvirat06]

@ragsfeed @Utd_max13 Meanwhile me waiting for Brazil vs Norway match
Just Brazil need to qualify 🤞

[Avinash @avinashvirat06]

@ragsfeed @Utd_max13 So many upsets in this Wimbledon yesterday swaitek, rybakina and today sabalenka 🥲

[Avinash @avinashvirat06]

@ragsfeed @Utd_max13 May be that’s reason for loss 😂

[Avinash @avinashvirat06]

@ragsfeed @Utd_max13 She never won Wimbledon no wonder she lost!😞

[Avinash @avinashvirat06]

@Stake Let’s see who will got
Id:yuviavinash

[Avinash @avinashvirat06]

@Jelitics Why you give money to them? Simply no!

[Avinash @avinashvirat06]

@Jelitics All the best lad!!

[Avinash @avinashvirat06]

@CricketTamizhan Still can’t believe that too in 1st over

[Avinash @avinashvirat06]

@Sigmasayz Don’t trust these leagues

[Avinash @avinashvirat06]

@FairWin_247 Yes
No
Yes

[Avinash @avinashvirat06]

@ragsfeed

[Avinash @avinashvirat06]

@ragsfeed Missing Lewis dp 👀

[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.