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    Kunal Shah

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    bhfr
    Kunal Shah is an Indian entrepreneur and venture capitalist who founded CRED, a startup valued at $2 billion in 2021. He previously co-founded FreeCharge, which was acquired by Axis Bank for $60 million in 2017. Some of his achievements include awards from the Economic Times and Fortune Magazine. After the acquisition of FreeCharge, Kunal invested in over 80 startups. In 2018 he founded CRED, which offers incentives and rewards for customers who pay their credit card bills on time and have a credit score over 750. CRED now has 5.9 million active users and processes around 20% of credit card payments in India.

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    Kunal Shah

    Uploaded by

    bhfr
    169 views7 pages
    Kunal Shah is an Indian entrepreneur and venture capitalist who founded CRED, a startup valued at $2 billion in 2021. He previously co-founded FreeCharge, which was acquired by Axis Bank for $60 million in 2017. Some of his achievements include awards from the Economic Times and Fortune Magazine. After the acquisition of FreeCharge, Kunal invested in over 80 startups. In 2018 he founded CRED, which offers incentives and rewards for customers who pay their credit card bills on time and have a credit score over 750. CRED now has 5.9 million active users and processes around 20% of credit card payments in India.

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    Kunal Shah is an Indian entrepreneur and venture capitalist who founded CRED, a startup valued at $2 billion in 2021. He previously co-founded FreeCharge, which was acquired by Axis Bank for $60 million in 2017. Some of his achievements include awards from the Economic Times and Fortune Magazine. After the acquisition of FreeCharge, Kunal invested in over 80 startups. In 2018 he founded CRED, which offers incentives and rewards for customers who pay their credit card bills on time and have a credit score over 750. CRED now has 5.9 million active users and processes around 20% of credit card payments in India.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    169 views7 pages

    Kunal Shah

    Uploaded by

    bhfr
    Kunal Shah is an Indian entrepreneur and venture capitalist who founded CRED, a startup valued at $2 billion in 2021. He previously co-founded FreeCharge, which was acquired by Axis Bank for $60 million in 2017. Some of his achievements include awards from the Economic Times and Fortune Magazine. After the acquisition of FreeCharge, Kunal invested in over 80 startups. In 2018 he founded CRED, which offers incentives and rewards for customers who pay their credit card bills on time and have a credit score over 750. CRED now has 5.9 million active users and processes around 20% of credit card payments in India.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    Presentation on

    Kunal Shah
    Kunal Shah

    Founder Cred
    Ex-Cofounder Freecharge
    Profession Entrepreneur and
    Venture Capitalist

    2
    His Achievements

    ▪ Comeback award- Economic Times


    ▪ Economic Times 2016-Economic Times 40 under 40
    ▪ Times of India 2016-Fortune 40 under 40
    ▪ Fortune 2016-Fortune 40 under 40
    ▪ Fortune Magazine 2015

    3
    About Kunal

    ▪ Kanal is an Indian entrepreneur and venture capitalist who is the founder of


    CRED, which is consider the second-fastest growing unicorn startup in India.
    In 2021, this startup was slated to hit a $2 billion valuation with $200 million
    funding
    ▪ For him it wasn‘t easy to make at big in the startup scene. He belonged to a
    humble background and started working in his teenage due to has family’s
    financial problems. In an interview, while taking about hardships that be faced
    in his life, Kunal Shah said, “When you have not had money all your life, the value
    that you have for money is what it cat de to other people's lives“

    4
    About Kunal

    ▪ He started his first job as a junior programmer in a business process


    outsourcing company after dropping out of his MBA.
    ▪ From August 2010 to October 2016, he worked as CEO at FreeCharge, a
    company that he founded in 2010.
    ▪ In July 2017, Axis Bank acquired "FreeCharge" for $60 million.
    ▪ Kunal Shah used all the revenue generated from the acquisition of his company
    to invest in startups both in India and abroad. He invested in 80 startups
    including Pianta (healthcare service startup), Unacademy (Ed-Tech startup),
    Razorpay (billion-dollar fintech startup)

    5
    About Kunal

    ▪ Kunal Shah founded CRED in 2018 which targets the top 1% of the Indian
    population with a high disposable income to spend.
    ▪ With CRED, Kunal Shab introduced an incentive based reward system for its
    customers to pay their credit card bills with incentives by offering discounts on
    airplane tickets and gym memberships, which requires the customer to have a
    credit score of 750 or more to avail these benefits
    ▪ CRED has a customer base of 5.9 million active users and processes roughly
    20% of credit card bill payments in India.

    6
    Thanks!

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