CredR Turns One!
CredR was born out of a bad experience, when founders, Sumit, Nikhil and Nittin struggled with a pre-owned bike purchase. We were born wi
th a vision to change the way pre-owned bikes were not only transacted but also perceived. Here’s a lowdown on all the awesomeness we’ve managed to accomplish at CredR!
We started operations in Mumbai, slowly but steadily, pushing against all odds. We revved into Pune and Bangalore soon after, followed by Delhi. At this point, we are successfully present in 6 cities today — Mumbai, Pune, Bengaluru, Delhi, NCR and Hyderabad.
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Kicking off with a modest figure of just one bike transaction a day, we are now delivering 100 dream bikes a day.
With a fearless troop of just 6 — we felt we were ready to take on the world! As CredR grew stronger, our team grew in numbers. Today we have about 320+ valuable team members on board, all working towards the sole aim of customer delight.
We started with an undisclosed seed funding from the house of ‘Growthstory’ and the founders Of ‘Snapdeal’ and India Head of ‘Amazon’. Our growth plans were put into top gear, when CredR raised a ‘Series A’ round of funding from ‘Fidelity Growth Partners (India)’.
We couldn’t stop just there! We soon branched out into the Superbikes segment creating a buzz in the 2-wheeler market.
With a never before heard campaign,”Har Bike pe Bike FREE” on Diwali, people were taken by storm. This hugely successful campaign saw over 15000 sign ups in 48 hours and sold 500+ bikes in less than 36 hours.
We completed a year with 18,000+ happy customers, EMI on Used bikes, 180 new listings a day — We’re all the more charged up and all raring to go!
