Kunal Shah is a prominent Indian entrepreneur and venture capitalist, best known as the founder and CEO of CRED, a fintech company based in Bangalore. CRED, launched in 2018, is a platform that rewards users for paying their credit card bills on time and offers various financial services like house rent payments and short-term credit lines¹².
Before founding CRED, Kunal Shah co-founded FreeCharge, a mobile payment platform, which was later acquired by Snapdeal in one of the largest e-commerce acquisitions in India at the time². He has also been involved with several other ventures and has a keen interest in behavioral finance and science².
Kunal Shah has been involved in several ventures beyond CRED and FreeCharge. Here are some notable ones:
- PaisaBack: This was Kunal Shah’s first startup, launched in 2009. It focused on providing promotional discounts and cashback offers².
- Angel Investments: Kunal Shah is an active angel investor and has invested in numerous startups across various sectors. Some of the notable companies he has invested in include:
- Razorpay: A leading fintech company in India⁷.
- Unacademy: An online education platform⁴.
- Spinny: A used car marketplace⁴.
- Mensa Brands: A company that builds global digital brands from India⁴.
- Plum: An employee health insurance startup⁴.
- Qoohoo: A mobile app for creators to launch private communities⁴.
- Kofluence: An AI-led adtech influencer marketing platform¹.
- Growth School: An edtech platform that offers cohort-based courses⁶.
- Coinswitch: A cryptocurrency exchange platform⁷.
