<ul><li>Indian Fintech company, Cred, is diversifying into motor insurance through its vehicle management platform, Cred Garage.</li><li>Cred Garage is a platform where users can track vehicle spending, renewal dates, and get assistance in case of breakdowns.</li><li>Cred has around 7 million registered vehicles and 4.4 million users on Cred Garage.</li><li>Cred has obtained a corporate agency license from IRDAI and is partnering with insurance companies to offer motor insurance products.</li></ul>

Fintech Startup ‘Cred’ Enters Insurance Space With ‘Garage’ Platform

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