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CRED Expanding into Insurance with CRED Garage.
To diversify its business and engage users more deeply.
Now, members can manage Car Insurance, Track Vehicle Performance and even get Roadside Assistance—all in one place.
CRED recently acquired Kuvera, a Wealth Management platform.
That gives a big edge in offering financial and investment services without the usual compliance delays.
Targeting its high-value user base.
CRED is looking to stand out from competitors like Paytm Money and PhonePe.
This year, it saw 66% revenue growth (₹2,473 crore).
[Organic expansion and Reduced customer acquisition costs]
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