- #416 Kunal Naresh Shah ₹8,900 Cr

About Cred Foundation
Data last updated:
Cred Foundation is a private not for profit company based in Bengaluru, Karnataka, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 18 July 2022.
Its director Kunal Naresh Shah is #416 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2022NPL163949.
It is led by directors Kunal Naresh Shah and Rohan Shah Naresh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/A And 4/A 11th Main Hal 2nd Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.91 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Cr (net margin 43.3%) and EBITDA of ₹2.01 Cr (EBITDA margin 69.1%).
For more details, the company can be reached via its website cred.club.
Recognitions & Rankings of Cred Foundation
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3/A And 4/A 11th Main Hal 2nd Stage Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryNon-Profit Organizations, Social Work
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Cred Foundation FY 2025 filings available
Cred Foundation reported revenue of ₹2.91 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cred Foundation
Revenue rose 44% in the latest year. EBITDA rose 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Cred Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.01 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.26 Cr | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Cred Foundation
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 69.1% | •••• | •••• |
| Net Profit Margin | 43.3% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cred Foundation are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Cred Foundation
Cred Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Naresh Shah Also directs: Qed Innovation Labs LLP, Pociho Innovations LLP, Syrma SGS Technology Limited and 5 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Rohan Shah Naresh Also directs: Qed Innovation Labs LLP, Pociho Innovations LLP, Dreampurse Technologies Private Limited and 5 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Cred Foundation
Cred Foundation is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kpy Enterprises Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| SK Brands Private Limited | ₹2.92 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Mumbai, Maharashtra, India |
| Wise Realtors & Developers Private Limited | ₹2.92 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Mumbai, Maharashtra, India |
| Havish Media Private Limited | ₹2.91 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Ambico Engineering India Private Limited | ₹2.91 Cr (FY 2022) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Cred Foundation this company | ₹2.91 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bengaluru, Karnataka, India |
| Arcreation Design Private Limited | ₹2.91 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Haldia, West Bengal, India |
| Kamson Marketing Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| Einfolge Technologies Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bangalore, Karnataka, India |
| Sachin & Nitin Aromas Private Limited | ₹2.9 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Barabanki, Uttar Pradesh, India |
| Unorthodox Designs Private Limited | ₹2.9 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Cred Foundation by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cred Foundation
Cred Foundation is audited by A V Gandhi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A V Gandhi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Cred Foundation
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cred Foundation
Cred Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cred Foundation
Cred Foundation has a workforce of 0 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cred Foundation
Cred Foundation has 2 board changes on record since 2022: 2 appointments. The latest: Kunal Naresh Shah was appointed as Director on 18 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Cred Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cred Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cred Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cred Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cred Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Cred Foundation
Frequently Asked Questions about Cred Foundation
Cred Foundation is an active private not for profit company based in Bengaluru, Karnataka, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 18 July 2022 (4+ years old) and is registered under CIN U85300KA2022NPL163949.
Cred Foundation reported revenue of ₹2.91 Cr for FY 2025 (up 44% YoY).
Cred Foundation has 2 current directors:
- Kunal Naresh Shah - Director
- Rohan Shah Naresh - Director
Cred Foundation reported a net profit of ₹1.26 Cr (net margin 43.3%) and EBITDA of ₹2.01 Cr (EBITDA margin 69.1%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Cred Foundation is U85300KA2022NPL163949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cred Foundation was incorporated on 18 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cred Foundation by revenue are Kpy Enterprises Private Limited, SK Brands Private Limited, Wise Realtors & Developers Private Limited, Havish Media Private Limited, Ambico Engineering India Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Kunal Naresh Shah was appointed as Director on 18 Jul 2022. Rohan Shah Naresh was appointed as Director on 18 Jul 2022.
Cred Foundation can be reached through the website cred.club. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Cred Foundation is at 3A And 4A 11th Main Hal 2nd Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
Cred Foundation operates in the non-profit organizations industry, in the social work segment.