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Kunal Shah

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Kunal Shah
File:Kunal Shah in FreeCharge T-Shirt.jpg File:Kunal Shah in FreeCharge T-Shirt.jpg
🏫 EducationB.A. Philosophy
🎓 Alma materWilson College (BA)
SVKM's NMIMS (discontinued)
💼 Occupation
Known forFounder of FreeCharge
Founder of CRED

Kunal Shah is an Indian entrepreneur, founder of CRED, founder and ex-CEO of FreeCharge.[1]

Early life[edit]

Shah graduated with Bachelor of Arts degree in Philosophy from Wilson College, Mumbai[2] and briefly pursued MBA from SVKM's NMIMS before dropping out.[3] He started his career as a junior programmer at a business process outsourcing startup.[2] Shah's first startup venture was a company named Paisaback, which provided cash-back promotions for organized retailers.

Kunal made a cameo appearance in the 4th episode of TVF Pitchers where he played the role of a startup event judge.[citation needed]


Shah founded FreeCharge in 2010, along with Sandeep Tandon, seeing the potential of online recharging in a growing market.[4] In April 2015, FreeCharge was acquired by Snapdeal for an estimated amount of $400 million.[5] Shah was appointed as the new CEO of the company.[6] Kunal also led the acquisitions of Wishberg and Preburn in 2014.[7] Shah is an active angel investor in a number of startups such as Innov8, Spinny, Zepo, Unacademy, and Bharat Bazaar.[8]


  1. Menon, Rashmi (2 October 2015). "When Freecharge's Kunal Shah had to choose between a new house and a new venture". The Economic Times. ET Bureau. Retrieved 23 October 2015.
  2. 2.0 2.1 PK, Jayadevan (9 April 2015). "Kunal Shah: Meet the man behind online mobile recharge platform Freecharge". The Economic Times. ET Bureau. Retrieved 21 August 2015.
  3. "Sequoia Capital: Freecharge chairman Kunal Shah joins Sequoia Capital as advisor - The Economic Times". Retrieved 2018-04-18.
  4. Prasad, Akanksha (28 September 2015). "Our Real Competition Is Cash, We Need Drive The Shift From Cash To Cashless: Kunal Shah, FreeCharge". Inc42 Magazine. Retrieved 23 October 2015.
  5. "Snapdeal buys Freecharge for $400m". The Economic Times. Bengaluru. TNN. 9 April 2015. Retrieved 21 August 2015.
  6. Suthar, Jeet (10 April 2015). "Post Snapdeal acquisition, FreeCharge CEO Alok Goel steps down, Founder Kunal Shah takes Charge". Tech-Portal. Retrieved 21 August 2015.
  7. "STARTUP GRIND HOSTED KUNAL SHAH (CEO & CO-FOUNDER, FREECHARGE)". Startup Grind. Retrieved 23 October 2015.
  8. "Once An Entrepreneur, Always An Entrepreneur: Kunal Shah To Kickstart His Startup Journey Again!". Inc42 Media. 2018-01-25. Retrieved 2018-08-26.

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