According to Kunal's LinkedIn, he decided to close it down in 2010 and launch Freecharge, which Snapdeal purchased in 2015 for $450 million. It was bought by Axis Bank in 2017 after operating on its own.
The meeting happens against the backdrop of declining usage of CBDC at the wholesale level and retail level. Despite a push from some banks and the regulator and interoperability with UPI, CBDC has been losing popularity
Info Edge founder Sanjeev Bikhchandani shared about CRED s Kunal Shah on X. He revealed the real reason why Shah worked as a delivery agent. | Trending
Sanjeev Bikhchandani, founder of Info Edge, disclosed on social media platform X that Kunal Shah, an angel investor and entrepreneur known for founding fintech companies CRED and Freecharge, once worked as a delivery boy and data entry operator, s due to his family s financial struggles. Bikhchandani met Shah at a Delhi coffee shop, where Shah shared his unconventional background
From Anand Mahindra on Mahindra Season Of Festivals line-up to Namita Thapar inaugurates new product by Shark Tank India participant and Ronnie Screwvala on new OTT series, here are some updates from India Inc on X (Twitter)