Cred spent Rs 180 crore on advertisements in FY 2020!

What was the result?

It reported a doubled loss of Rs 360 Cr with just Rs 52 lakh in revenues.

Advertising is a serious addiction which only the ones which massive cash pile
can afford. Sometimes they turn to be a great blessing too. And hopefully, in
future they will be for Cred!

Is it really worth advertising? Thoughts?

Originally posted by Radhika Bajoria on LinkedIn