Kunal Shah is an Indian entrepreneur who has made a fortune in the business world. He is the founder and CEO of FreeCharge, an online payment platform, and CRED, a credit card payment platform. His wealth has been estimated to be around $1.2 billion, making him one of the wealthiest people in India. In this article, we will take a look at how Kunal Shah has achieved such success and what his net worth is.
Kunal Shah’s Wealth
Kunal Shah is a successful entrepreneur who has made his fortune in the business world. He first gained fame when he founded FreeCharge, an online payment platform, in 2010. The company quickly grew to become one of the most popular payment platforms in India, and was eventually acquired by Snapdeal for an estimated $400 million.
Kunal Shah then went on to launch CRED, a credit card payment platform, in 2018. The company has since become one of the leading payment platforms in India, and has been valued at over $800 million.
Kunal Shah has also made investments in a number of other companies, including Ola, Zomato, Cure.Fit and Udaan.
Details of Net Worth
Kunal Shah’s net worth has been estimated to be around $1.2 billion, making him one of the wealthiest people in India. His wealth comes from his investments in various companies, as well as his ownership of FreeCharge and CRED.
Kunal Shah has also earned a number of awards for his business acumen, including being named as one of the “30 Under 30” entrepreneurs in India by Forbes magazine in 2018.
Kunal Shah has achieved tremendous success in the business world. His estimated net worth of $1.2 billion makes him one of the wealthiest people in India. His success is a testament to his hard work and dedication, and his story is an inspiration to aspiring entrepreneurs everywhere.
Kunal Shah is an Indian entrepreneur and venture capitalist who has an estimated net worth of approximately USD 800 million.
Born and raised in Mumbai, India, Shah has a proven track record of success in the business world. Shah founded Freecharge, one of India’s leading digital payment platforms, in 2010. In 2015, Freecharge was sold to Snapdeal, an e-commerce company, in a deal worth USD 400 million. Following Freecharge’s success, Shah went on to co-found CRED, a subscription-based credit card bill payment and personal finance service, in 2018. Since then, it has become India’s fastest-growing fintech startup, with an impressive 10 million+ members.
Shah is currently a Board Member at Jio Payments Bank and sits on the boards of CRED and youth entrepreneurship platform Groww. Apart from his venture capital activities, Shah also invests in early-stage startups and provides advice to other entrepreneurs.
In addition to being a successful venture capitalist, Shah is also an angel investor. He has made a number of investments in a variety of companies, ranging from healthcare to technology. Notably, he has invested in Ola, an Indian ride-hailing service, and Swiggy, a food delivery platform.
Shah’s work has been widely recognised, with him receiving numerous awards and accolades over the years, including being listed in the Forbes “30 Under 30” in Asia, the Businessworld “40 under 40” list and the Moneycontrol “20 Power People” in the startup world.
In summary, Kunal Shah has an estimated net worth of USD 800 million and continues to be a leader in the business and venture capital world. With a successful career spanning over a decade, Shah is certainly one to watch in the years ahead.