Dev

Owning tiny pieces of quality businesses. Getting better at getting good

[Dev @theonlydrp]

@DrShauryaGarg How to get the tickets for their upcoming show?

[Dev @theonlydrp]

@kunalb11 This is huge!
Excited to see how WhatsApp Pay evolves under your leadership.

[Shobhit Bakliwal @shobhitic]

whatsapp to remove their status feature to make it more wealth driven

[Dev @theonlydrp]

seeing the entire Tech Twitter gang getting active again on this news feels so wholesome 😌

[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.

[Dev @theonlydrp]

seeing the replies, most people want it to happen, so they can buy it, exactly why it won’t happen 😂

[Dev @theonlydrp]

@mybmcWardPS @mybmc This is still pending. No response. No accountability. Absolutely pathetic.

[Dev @theonlydrp]

Hello @mybmc
Illegal hawking happening in Goregaon East. These shop owners have misused society premises and now they have started using public footpath as well to keep their goods and have created a lot of nuisance as well. Please look into it. Thank you.

[Dev @theonlydrp]

@mybmc @mybmcWardPS This is still pending. No response. Absolutely pathetic.

[Dev @theonlydrp]

Hello @mybmc
This is not resolved yet. Illegal hawking happening everyday and there is no resolution and accountability. I request you to look into this matter. @mybmcWardPS

[Dev @theonlydrp]

Hello @mybmc
Illegal hawking happening in Goregaon East. These shop owners have misused society premises and now they have started using public footpath as well to keep their goods and have created a lot of nuisance as well. Please look into it. Thank you.

[Dev @theonlydrp]

This is still not resolved, please look into it @mybmc @mybmcWardPS

[Dev @theonlydrp]

Hello @mybmc
Illegal hawking happening in Goregaon East. These shop owners have misused society premises and now they have started using public footpath as well to keep their goods and have created a lot of nuisance as well. Please look into it. Thank you.

[Dev @theonlydrp]

@mybmcWardPS @mybmc This is still not resolved, please check.

[Dev @theonlydrp]

@mybmc @mybmcWardPS This is still not resolved, please check.

[Dev @theonlydrp]

@mybmc @mybmcWardPS Yes, please.

[Dev @theonlydrp]

@miten @kunalb11 @CRED_club @Kuvera_In Invite please.

[Dev @theonlydrp]

@mybmcWardPS @mybmc Yes, please.
Address: Highway Commercial Centre, Behind HP Petrol Pump, IB Patel Road, Goregaon East, Mumbai - 63

[Dev @theonlydrp]

ab inko @zerodha kaun bataye ki sabhi loss mai hai 😭☠️

[Dev @theonlydrp]

@sangaldoo I just feel we are holding very similar stocks, because the downfall is exactly the same for both the days 😂

[Dev @theonlydrp]

@armedxfit SYSTEM