#WATCH | Delhi: At the Republic TV Summit 2026, Prime Minister Narendra Modi says, "Sridhar Vembu is seated here. When our entrepreneurs operate with a 'Nation First' spirit and set their goals while understanding the country's needs, institutions are built, and the nation prospers. What has Sridhar Vembu achieved? I recently visited VivaTech in France. There must have been around 1.5-2 lakh young people present. The French President and I were visiting various stalls to see the work done by these young innovators. We visited the Zoho stall. I was amazed and felt a sense of pride to see the crowd of European youth gathered there. They were eager to understand this new global phenomenon. Perhaps it hasn't been discussed as much in India as I witnessed in France..."
(Source: DD News)
Zerodha Co-Founder Nikhil Kamath explains why he's doubling down on India despite recent foreign outflows and muted market performance. He speaks to Bloomberg's Minmin Low. Watch the full interview here: https://t.co/To969iy2Eh
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.
On behalf of our hard working employees of Zoho, I want to thank our beloved Prime Minister Modi-ji for mentioning us in his speech yesterday.
Sir, you inspire us to work harder, reach higher.
Bharat Mata ki Jai 🙏
@narendramodi
निःस्वार्थ भाव से राष्ट्र और समाज की सेवा में आजीवन समर्पित रहे देश की महान विभूति डॉ. श्यामा प्रसाद मुखर्जी जी को उनके बलिदान दिवस पर आदरपूर्ण श्रद्धांजलि। उनके प्रखर विचार और आदर्श देश की हर पीढ़ी को मातृभूमि की सेवा के लिए प्रेरित करते रहेंगे।
न कर्मणा न प्रजया धनेन त्यागेनैके अमृतत्वमानशुः।
परेण नाकं निहितं गुहायां विभ्राजते यद्यतयो विशन्ति॥
On his Balidan Diwas, I pay homage to Dr. Syama Prasad Mookerjee, a distinguished patriot, scholar and statesman who dedicated his life to India’s development. His unwavering conviction, courage in public life and commitment to national interest continue to inspire generations. Dr. Mookerjee’s sacrifice remains etched in our collective memory. We reaffirm our commitment to building a strong and developed India, guided by the values he cherished and served till his last breath.
We’re grateful to the Honourable Prime Minister of India, Shri Narendra Modi, for acknowledging our commitment and hard work. We remain committed to making businesses across the world work better. 🙏
A memorable Yoga Day across the world!
Gratitude to people around the world for making International Day of Yoga 2026 a truly global celebration.
It is encouraging to see Yoga bringing together people from all walks of life, across nations, in the shared pursuit of wellness and good health.
May this day inspire more people to make Yoga a part of their daily lives in the times to come.
#IDY2026
#YogaForHealthyAgeing
We are proud to contribute to India's #JAI mission of Jointness, Atmanirbharta, and Innovation through our partnership with the Indian Army (@adgpi). 🇮🇳
As an indigenous technology company, we remain committed to building secure, sustainable digital capabilities. We thank the Indian Army and the Honourable Chief of Army Staff, General Upendra Dwivedi, for their trust and look forward to this journey together. 🙏
At around 8:30 PM today, will be speaking at the #RepublicSummit2026. I will be sharing my views on India's strides across different sectors and our collective endeavour to realise the dream of a Viksit Bharat.
@republic
Massive shutdown and hartal by civilians against Pakistan Government continues across Pakistan Occupied Jammu & Kashmir. Pakistan Army’s attacks and torture has resulted in killing of several common Kashmiris.
A man was building his new house, costing around ₹45 lakh. He had already spent lakhs on construction, tiles, paint, doors, windows, and electrical work. As the electrician was finishing the MCB installation, an engineer asked, “Have you installed an RCCB?”
The man replied, “No, why would I need one?”
The engineer pointed out that the home's appliances alone—ACs, fridge, TV, washing machine, water purifier, microwave, fans, and lights—were worth about ₹2.57 lakh. “Isn't proper electrical protection equally important?” he asked.
When the man learned that a good 32A RCCB costs only ₹1,500–₹3,000, he realized it was a small investment compared to the value of his home and appliances.
The engineer explained that an RCCB provides shock protection by instantly disconnecting the power supply when leakage current is detected, making the electrical system safer.
The man immediately decided to install an RCCB. He understood that while tiles, paint, furniture, and appliances are important, small safety devices can play a crucial role for years.
So, check your home's electrical panel—does it have an RCCB installed, or only an MCB?
Ishu Pal Singh, a passionate marathon runner and trekker from Bengaluru, is currently battling for his life after a tragic road accident that resulted in a severe traumatic brain injury.
His family is doing everything possible to ensure he receives the best medical care, but the treatment and recovery involves significant financial challenges.
I appeal to all those who can to extend their support, however small, that can make a meaningful difference.
As a fellow runner, I thought it is my responsibility to request your support, so please pitch in.
https://t.co/R0VqNVpHDY
Praying for Ishu’s speedy recovery and strength to his family during this difficult time.
🚨Indian construction worker Vipin Kumar has been awarded honorary citizenship in Romania after risking his life to save a five-year-old girl who fell into an icy lake. He kept the child above water for nearly 30 minutes until rescuers arrived
Today’s talks with my friend, President Macron were exceptionally productive. Considering the longstanding friendship between our nations, we have decided to elevate our ties to a Special Global Strategic Partnership.
Our talks covered ways to deepen cooperation in key sectors like defence, technology, space, security, counter terrorism, innovation and more.
@EmmanuelMacron
This afternoon in Bratislava, Prime Minister Robert Fico hosted an interaction with prominent Slovak business leaders.
Had insightful discussions on strengthening economic ties, boosting investment flows and expanding collaboration in innovation, technology, manufacturing and more. Highlighted India’s reform trajectory and growing opportunities and invited Slovak companies to deepen their partnership with India.
@RobertFicoSVK