About CRED FOUNDATION
CRED FOUNDATION is a Non-Profit company and was incorporated on Jul 18, 2022 in India. It is registered at Registrar of Companies, ROC Bangalore. Its registered address is 3/A and 4/A, 11th Main Hal, 2nd Stage, Indiranagar, Bangalore, Bengaluru, Karnataka, India, 560038. Its corporate identification number is (CIN) U85300KA2022NPL163949 and its current status is Active. Its industry classification as per MCA is social Work Activities. It had a team size of 37 employees as on Aug 31, 2025.
CRED FOUNDATION's last Annual General Meeting (AGM) was held on Sep 30, 2024 as per records from Ministry of Corporate Affairs (MCA). The current board of directors of CRED FOUNDATION comprises Rohan Naresh Shah and Kunal Naresh Shah.
CRED FOUNDATION generated a revenue of Rs. 2.91Cr for the financial year ending on Mar 31, 2025.
Contact Details for CRED FOUNDATION
- *****@cred.club
- Registered Address
- 3/A and 4/A, 11th Main Hal, 2nd Stage, Indiranagar, Bangalore, Bengaluru, Karnataka, India, 560038
Brands associated with CRED FOUNDATION
Financials of CRED FOUNDATIONFY 25 Available
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
Income Statement | |||
Revenue | 6828 | 6075 | 9376 |
EBITDA | 6291 | 2121 | 3237 |
Balance Sheet | |||
Assets | 6995 | 5317 | 1624 |
Liabilities | 6472 | 8767 | 7123 |
Equities | 4935 | 3760 | 6779 |
Ratios
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
Profitability Ratios | |||
EBITDA Margin | 4882 | 2737 | 3393 |
Efficiency Ratios | |||
Asset Turnover | 5028 | 3761 | 2099 |
Liquidity Ratios | |||
Current Ratio | 8436 | 1575 | 7130 |
Quick Ratio | 4932 | 4026 | 5392 |
Growth Ratios | |||
Revenue Growth Rate (CAGR) | 7455 | 4762 | 9563 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of CRED FOUNDATION
Revenue CAGR | Growth |
|---|---|
1 Year | 44% |
3 Year | 737 |
5 Year | 518 |
EBITDA CAGR | Growth |
|---|---|
1 Year | 9% |
3 Year | 839 |
5 Year | 606 |
MSME Payment Delays by CRED FOUNDATION
Credit Ratings of CRED FOUNDATION
GSTIN Details of CRED FOUNDATION
Board of Directors and Signatories of CRED FOUNDATION
Board of Directors of CRED FOUNDATION
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Jul 18, 2022 | 3 Years 8 Months | |
Director | Current | Jul 18, 2022 | 3 Years 8 Months |
Signatories of CRED FOUNDATION
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Jul 18, 2022 | 3 Years 8 Months | |
Director | Current | Jul 18, 2022 | 3 Years 8 Months |
Legal Cases involving CRED FOUNDATION
Employee Count of CRED FOUNDATION
Date | Employee Count |
|---|---|
Aug 25 | 37 |
Jul 25 | 519 |
Jun 25 | 962 |
May 25 | 845 |
Apr 25 | 944 |
Mar 25 | 824 |
Feb 25 | 746 |
Trademarks of CRED FOUNDATION
Patents of CRED FOUNDATION
Competitors & Alternates of CRED FOUNDATION
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering credit card management, bill payments, credit score tracking, and rewards | $942M | 79/100 | ||
2nd | App-based platform for consumer bill payments | $46M | 75/100 | ||
3rd | Digital wallet platform for individuals | $47M | 70/100 | ||
4th | Doxo 2008, Seattle (United States), Series C | Provider of mobile app for bill payments | $36.9M | 69/100 | |
5th | BillGO 2015, Fort Collins (United States), Series C | Provider of bill payment processing solutions for businesses and consumers | $177M | 65/100 | |
6th | Bright 2019, San Francisco (United States), Series B | Provider of financial technology solutions for debt reduction and credit building | $43M | 60/100 | |
7th | Provider of credit card bill payment and rewards platform | $17.8M | 60/100 | ||
8th | AutoPe Payment Solutions 2006, Gurugram (India), Unfunded | App-based platform for bill payments | - | - | 60/100 |
9th | Gerald 2018, New York City (United States), Seed | Cloud-based bill management and payments platform for consumers | $200K | 58/100 | |
10th | Health Payment Systems 2005, Milwaukee (United States), Series A | Provider of an all-in-one statement and payment solution for healthcare billing | $27M | 56/100 |