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CRED, led by Kunal Shah, has teamed up with CARS24 and spinny to let users sell their cars directly through its platform.
Users can answer a few questions on CRED Garage to get an estimated car value and then book a free inspection.
CRED says member details will only be shared with partners if an inspection is scheduled, to protect privacy.
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“There’s no paperwork or extra steps required – once the car is inspected and the offer is accepted, the partner handles the entire resale process, including ownership transfer,” the company said.
CRED launched CRED Garage in September 2023 as a one-stop dashboard for car-related services like concierge support, reminders, document storage, and spending insights.
Since then, it has added features like FASTag recharges, car insurance, and pollution certificates.
About CRED
Founded in 2023 by Kunal Shah, CRED started as a credit card bill payment app. But after the pandemic, the Bengaluru-based startup began expanding into multiple financial services.
Today, CRED offers UPI payments, utility bill payments, vehicle management, and even travel experiences. Last year, it acquired Kuvera to enter the investment space and compete with platforms like zerodha, groww, and PhonePe.
It also launched CRED Cash+, allowing users to take loans against mutual funds, and introduced CRED Money, a tool that helps users track all their bank balances, set payment reminders, and analyze spending.
CRED has also entered the insurance sector and partnered with L&T Finance to offer personal loans without collateral.
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