Q&A

Is Kunal Shah Gujarati?

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Is Kunal Shah Gujarati?

“I come from a Gujarati family, and, in Gujarati families, having a job is unusual behaviour. But when I was 16, my dad, who had a small pharmaceutical distribution business, went through a rough time and the family was in financial distress,” says Shah.

Who is Kunal Shah Wikipedia?

Kunal Shah is an Indian entrepreneur, founder of CRED, founder and ex-CEO of FreeCharge. Shah graduated with Bachelor of Arts degree in Philosophy from Wilson College, Mumbai and briefly pursued MBA from SVKM’s NMIMS before dropping out.

Who is owner of CRED app?

Kunal Shah
Cred is an Indian fintech company, based in Bangalore, founded in 2018 by Kunal Shah. CRED app’s main feature is reward-based credit card payments….Cred (company)

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Founded 2018
Founder Kunal Shah
Headquarters Bangalore, Karnataka, India
Website cred.club

How did Kunal Shah start in Freecharge?

Kunal started Freecharge in August 2010 with his friend Sandeep Tandon after shutting down a promotional discount campaign called PaisaBack. In April 2015, Snapdeal acquired Freecharge for a whopping $400 million as cash and stock. This takeover was one of the most significant sales in the history of tech startups.

Is Kunal Shah from IIM?

He is the unusual founder who doesn’t have an IIT or IIM tag but is a philosophy graduate who dropped out of Narsee Monjee Institute of Management Studies in 2004.

Is Kunal Shah rich?

The startup founded by serial entrepreneur Kunal Shah is now valued at $806 million.

Is Kunal Shah a coder?

Nearly 14 years ago when Shah started as a junior programmer at a startup, this was unimaginable. But in the last few years, he has come to believe in the power of Indian consumer. After reading Philosophy at Mumbai’s Wilson College, Shah decided to work for a startup as a junior programmer.

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Why is cred successful?

Every time a user avails of the offers, Cred generates an income through it. Using the financial data of the users – Cred accumulates the financial data from the users who use the platform for paying their bills and more.

When did Kunal Shah start cred?

2018
Shah founded CRED in 2018. The company is a members-only credit card bill payment platform which rewards users for payments made through its app. Before CRED, he founded Freecharge in 2010 and served as CEO until it was acquired by Snapdeal for $450 million in 2015.

Why did Kunal Shah drop out?

Dropping out of MBA For me, I realised that I was better off learning on my own than through a structured programme, because the curriculums and theories were a lot more designed for scoring marks and not really understanding things. So to me MBA as a format did not work,” explains Kunal.

What is the net worth of cred?

Kunal Shah (CRED Founder) Age, Wife, Family, Biography & More

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Bio/Wiki
Travel Destination Goa
Money Factor
Net Worth (approx.) $806 million as of 2021

Is cred successful?

Cred has shown steady growth throughout the years. Being a startup that was founded in 2018, it successfully joined the unicorn club on April 6, 2021, closing its Series D round where the company had mopped up $215 million.