Yatharth Rathi

perennially curious. learning by doing.

[Aravind @aravind]

An uninformed generation can be a potential national security risk. A misinformed generation IS A national security risk.

If the state doesn't flow its own information but allows misinformation to flow in its place by adversaries due to apathy, an entire generation is turned into a force for weakening the country.

This is what is happening in India now. Still there's time to arrest this.

Or by the 15th year of Modi govt, India would have done everything great in internal and external security, done all the right things in development, but lose its peace, prosperity, and stability to its own misinformed and misled youth.

[Yatharth Rathi @yatharthrathi]

everyone gets it, now

[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.

[Yatharth Rathi @yatharthrathi]

@banglani take this with 1mg of salt

[Yatharth Rathi @yatharthrathi]

4 tickets available for #RCBvsCSK game at 2x MRP.

2 P1 Annex, 2 Grand Terrace Annex. pls DM in case anyone is interested. pls don’t DM asking if they’re at MRP. Thx

[Yatharth Rathi @yatharthrathi]

chain kulli ki main kulli LIVE on jiohotstar #VaibhavSuryavanshi #RRvsGT

[Yatharth Rathi @yatharthrathi]

i swear i was going to switch off the TV at half-time… what just happened lol. United, man! #MUNOL

[Yatharth Rathi @yatharthrathi]

guy turned his passion (comedy) into a career #Zelensky

[Mario Nawfal @MarioNawfal]

🚨FULL HEATED EXCHANGE: TRUMP-VANCE VS. ZELENSKY

[Yatharth Rathi @yatharthrathi]

idk how to feel about this, just never stop playing @imVkohli

[Yatharth Rathi @yatharthrathi]

@LeTacoJames it’s the city. it’s not you. anyway

[Yatharth Rathi @yatharthrathi]

bangalore sucks so bad Cigarettes After Sex had to cancel their show! this city ffs. hate it.

[Hetal @heyytal]

you know why Ahmedabad does it so well? because instead of whining, the city actually works, is supremely enterprising, picks up on trends, 'live & let live' ideology, believes in fast paced growth while being rooted in culture & embraces openness with a lovely spirit. Haters - 0

[Yatharth Rathi @yatharthrathi]

BREAKING: Gavaskar has decided to opt out from the Border-Gavaskar Trophy #AUSvIND

[Yatharth Rathi @yatharthrathi]

@ShilpiNagar sorry, beyond my comprehension

[Yatharth Rathi @yatharthrathi]

@chetan_bhagat gotta read up a little more on how the world’s interconnected, bhagat singh

[Yatharth Rathi @yatharthrathi]

lmao

[govind @gov1ndg]

On being asked why there’re so many Bengalis among the prominent Indian economists,

Bardhan says jocularly that “Bengalis are notoriously bad in business, so they tell the world how difficult it is to make money, and thus they all become experts in the economics of poverty.”

[Yatharth Rathi @yatharthrathi]

@zomatocare can you pls add this delivery partner to your list of hearing impaired / disabled people as you deem fit. unknowingly, ended up raising multiple complaints against them - hope the team can address this on priority 🙏🏻

[Yatharth Rathi @yatharthrathi]

won't be able to digest the 100g paneer today #wrestling

[Yatharth Rathi @yatharthrathi]

facts

[Boria Majumdar @BoriaMajumdar]

Prakash Padukone, “Government and Federations have done their job. Players need to take responsibility and ask if they are doing enough. Same players have beaten these opponents in other tournaments. In Olympics we aren’t able to deliver”.

Lamenting @lakshya_sen loss. @RevSportzGlobal

[Yatharth Rathi @yatharthrathi]

10 men for 45 minutes. This win will always be vvvv special! What an incredible performance with @16Sreejesh leading the pack. Let's go for glory now🇮🇳❤️ #Hockey #Paris2024

[Viren Rasquinha @virenrasquinha]

Just thinking - all schools across the country should make it compulsory for kids to watch the #Olympics #Paris2024 for atleast 1 hour daily during school hours wherever TV/screen/internet facilities are available. The kids will learn a lot plus be inspired. Win-win for all.