How much did Kunal Shah make from FreeCharge?

Shah might’ve earned the right to be. His first startup, a cell phone bill recharging company called Freecharge, sold for $400 million in 2015. The sale was the biggest acquisition India’s internet industry had seen at the time, propelling him to stardom in the startup scene.

Who is the founder of FreeCharge?

Kunal Shah
Sandeep Tandon
Freecharge/Founders
Founded as a wallet by Cred’s Kunal Shah, and Sandeep Tandon, Freecharge has since changed quite a few owners and leaders, finally resting with Axis Bank, who acquired it from Snapdeal in 2017.

Who is Kunal Shah CRED?

Kunal is an entrepreneur, investor, and a pioneer of India’s fintech ecosystem. CRED, which he founded in 2018, is a high-trust community of some of India’s most creditworthy individuals, financial institutions, and brands.

What does Kunal Shah do?

Kunal Shah is an Indian entrepreneur and venture capitalist who is the founder of CRED, which is considered the second-fastest-growing unicorn startup in India. In 2021, this startup was slated to hit a $2 billion valuation with $200 million funding.

How old is Kunal Shah CEO of FreeCharge?

So I got right back to work and did everything as I did on all other days,” says Shah, in a telephonic interview from Bengaluru. For someone who is just 35-years-old, the CEO of FreeCharge, an e-commerce website that has a business model around recharging of pre-paid, post-paid mobile phones, DTH and data cards, is a down to earth man.

Who is the founder of FreeCharge in India?

Born on the 20th of May, 1983; Kunal Shah is the Founder of one of India’s most Innovative business models – Freecharge!

When did Kunal Shah and Sandeep Shah get funding?

Kunal and Sandeep received a round of Seed Funding from Tandon Group and Sequoia Capital, an American Venture Capital firm in 2010 for an undisclosed amount. After that in 2011, they received a Series A funding of ₹20 Crores/$3 Million.

Who are Kunal Shah and Sandeep Tandon?

Freecharge was founded by Kunal Shah and Sandeep Tandon in August 2010. Sandeep Tandon is an angel investor who hired Kunal at his BPO company. They both recognised each other and made a strong thousand plus outsourcing team together.Around 2009, Kunal decided to sign the papers and start his own venture Paisaback.