Itsprateek🪐

अहम् ब्रह्मास्मि 🥂

[Itsprateek🪐 @Itsprateek1]

The future always amazed and excites me, but at the same time it gives me goosebumps of fear. Just by looking at the growth of AI models or tools in just 2 years of span it makes me think of AI robots in the Warzone. Movies like Minority Report are not far away in becoming real.

[Kailash Vashi @KailashVashi]

Alpha always stands out

[Itsprateek🪐 @Itsprateek1]

I joined in the other company

[Itsprateek🪐 @Itsprateek1]

I love @figma more now.
#config

[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.

[Itsprateek🪐 @Itsprateek1]

Jai Shree Ram🚩

[Itsprateek🪐 @Itsprateek1]

What should I be doing next

[Itsprateek🪐 @Itsprateek1]

I got laid off from my job.

[Itsprateek🪐 @Itsprateek1]

@moonchild23580

[Itsprateek🪐 @Itsprateek1]

2 trillion dollar evaluation.
SPCX IPO
#spacex #elon

[Itsprateek🪐 @Itsprateek1]

No matter which side you pick in the AI job debate whether it takes our roles or leaves them intact fear grips you either way.

[Itsprateek🪐 @Itsprateek1]

Light the Future😇
#designer

[Itsprateek🪐 @Itsprateek1]

@Alkajustshops Hell yeahh let's goo 💯

[Astropics @astropics]

. * . 🪐 * . * 🌀 * .
. * 🌔 * . * . * . 🌍 *
* . * . ☄️ * . * 🛸 . * .
. ☀️ * . * 🛰 . * ✨ * .

[Itsprateek🪐 @Itsprateek1]

Stay in guys

[Itsprateek🪐 @Itsprateek1]

New way of defining time😎
#designer

[DANN© @DannPetty]

Design never was about the tools.

[Itsprateek🪐 @Itsprateek1]

Future of Infrastructure💯
#designer