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  • CRED to acquire Happay in cash and stock deal valuing the platform up to $180 million Dec 01, 2021 12:32 PM IST

    CRED to acquire Happay in cash and stock deal valuing the platform up to $180 million

    Happy currently has more than 6,000 clients including Dominos, PriceWaterhouse Coopers and Oyo and processes transactions worth over $3 billion annually

  • Exclusive: Kunal Shah’s CRED in talks to acquire Dineout, Wint Wealth Nov 19, 2021 08:02 AM IST

    Exclusive: Kunal Shah’s CRED in talks to acquire Dineout, Wint Wealth

    The two acquisition talks shed significant light on the strategy of CRED, one of India's hottest but least understood internet startups by many

  • CRED to undertake ESOP buyback worth Rs 100 crore this year Nov 08, 2021 10:54 PM IST

    CRED to undertake ESOP buyback worth Rs 100 crore this year

    This announcement comes after the Bengaluru-based startup announced the Accelerated Wealth Program in August as an additional avenue for employees to build wealth.

  • Kunal Shah, Vijay Shekhar Sharma, Amrish Rau among 21 angel investors in Masai School Oct 26, 2021 12:01 PM IST

    Kunal Shah, Vijay Shekhar Sharma, Amrish Rau among 21 angel investors in Masai School

    Masai School is aiming to expand to 20 smaller cities by March 2022 and expects to double its monthly revenue rate to $1 million by January

  • Kunal Shah’s CRED raises $251 million at $4 billion valuation Oct 19, 2021 11:28 AM IST

    Kunal Shah’s CRED raises $251 million at $4 billion valuation

    The fintech firm’s valuation has almost doubled in the last six months when it raised $215 million in Series D round in April at a valuation of $2.2 billion

  • 'He is his own ecosystem': Inside Kunal Shah's unique angel investing frenzy Sep 23, 2021 08:00 AM IST

    'He is his own ecosystem': Inside Kunal Shah's unique angel investing frenzy

    The CRED founder is disrupting how entrepreneurs part with money. Kunal Shah often invests after receiving pitches on a WhatsApp message. He has an astonishing count of angel investments—200 and counting. The unconventional style has raised eyebrows, but tells you a lot about Shah. Moneycontrol profiles the man and brings out previously unreported details on his investing style

  • Kunal Shah transfers Worli property to own company for around Rs 52 crore Aug 18, 2021 06:40 PM IST

    Kunal Shah transfers Worli property to own company for around Rs 52 crore

    CRED founder Kunal Shah has transferred his flat to Grey House Construction, another company he owns. Entrepreneurs do this usually for tax efficiency.

  • Online tobacco platform Hash raises funding from top startup founders Aug 13, 2021 03:47 PM IST

    Online tobacco platform Hash raises funding from top startup founders

    The round also saw participation from angels such as Cred Founder Kunal Shah, BharatPe Co-Founder and Managing Director Ashneer Grover, among others

  • Creative job application lands Mumbai designer direct internship opportunity at Cred Jun 07, 2021 02:52 PM IST

    Creative job application lands Mumbai designer direct internship opportunity at Cred

    LinkedIn is flooded with thousands of aspirants seeking their big landing each day, but many with little success. So, Avkash’s creative take on the “CV” quickly gained attention on the site and had Cred founder CEO Kunal Shah taking note.

  • 'Almost always rejected': Zerodha CEO Nithin Kamath before Twitter verified his handle Jun 04, 2021 08:37 PM IST

    'Almost always rejected': Zerodha CEO Nithin Kamath before Twitter verified his handle

    Within a couple of hours after he shared the post, Nithin Kamath's account was seen with the blue tick, as Twitter decided to verify his handle.

  • Exclusive | Chinese investors, angels eye exit from Cred in secondary share sale Mar 31, 2021 08:00 AM IST

    Exclusive | Chinese investors, angels eye exit from Cred in secondary share sale

    After social media app Koo and fintech firm Krazybee, Chinese investors in Kunal Shah-led Cred are selling their entire stake

  • Cred raises $81 million from DST Partners, others at $800 million valuation, buys back ESOPs Jan 04, 2021 03:39 PM IST

    Cred raises $81 million from DST Partners, others at $800 million valuation, buys back ESOPs

    Existing investors such as Sequoia Capital, Ribbit Capital, Tiger Global, General Catalyst also participated in the round. New investors include hedge fund Coatue Management and Satyan Gajwani, Vice Chairman of Times Internet.

  • The story behind Cred’s $800-million climb within two years Dec 02, 2020 02:24 PM IST

    The story behind Cred’s $800-million climb within two years

    Kunal Shah started Cred in 2018 with the promise of making credit card bill payments simple. Now, Cred also offers ecommerce, payments, lending and boasts of more than 30 lakh premium credit card users on the platform. Earlier this week it raised $80 million from existing investors at a valuation of $800 million. What clicked?

  • CRED CEO Kunal Shah: Most second-time entrepreneurs target top 40 million customers Sep 04, 2020 02:05 PM IST

    CRED CEO Kunal Shah: Most second-time entrepreneurs target top 40 million customers

    It is hard to monetise a business that caters to everyone, Kunal Shah says, adding Chinese are leagues ahead of Indians—per capita income of urban China is far higher. While 90% of the urban Chinese women work, in India, the number is just 10%.

  • 'If the global economy slows down, gold is likely to glitter more in 2019' Dec 26, 2018 10:11 AM IST

    'If the global economy slows down, gold is likely to glitter more in 2019'

    Gold is one of the best insurance for wealth managers from now on because the downside is limited from here and there can be a huge upside if the global economy slows down sharply

  • Indonesia's GO-JEK acquires Indian healthcare startup Pianta Sep 27, 2016 02:00 PM IST

    Indonesia's GO-JEK acquires Indian healthcare startup Pianta

    Indonesia-based hyperlocal transport and logistics startup GO-JEK has acquired Bengaluru-based Pianta for an undisclosed amount. A marketplace for home healthcare services, Pianta, helps discover and book appointments with healthcare providers who provide home visits for physiotherapy, nursing and lab sample collection.

  • Young Turks: Dissecting action in startup space Jun 17, 2016 10:24 PM IST

    Young Turks: Dissecting action in startup space

    Investors may have become mighty choosy in backing the next big venture, but all it takes to secure funding even in this climate is that unique idea. CNBC-TV18's team dissects the action in the startup space on tonight's edition of the Young Turks startup deal tracker.

  • FreeCharge rejigs top management, elevates Govind Rajan as CEO May 25, 2016 08:48 AM IST

    FreeCharge rejigs top management, elevates Govind Rajan as CEO

    Co-founder and CEO Kunal Shah will now move to a new role as the Chairman at the digital payments company, FreeCharge said in a statement.

  • Startups to pitch biz ideas at TiECON Mumbai conclave Dec 21, 2015 06:13 PM IST

    Startups to pitch biz ideas at TiECON Mumbai conclave

    The 'TiECON Mumbai 2016', India's Leading Entrepreneurial Conclave, will be held at National Centre for the Performing Arts (NCPA) on January 6-7

  • Jugnoo partners PNB, Piaggio for easy auto finance Dec 07, 2015 08:06 PM IST

    Jugnoo partners PNB, Piaggio for easy auto finance

    The new auto rickshaws purchased through this scheme will be registered with Jugnoo that will help the auto drivers to cut down on their down time, resulting in additional revenue.

  • Freecharge to invest Rs 1,000 cr on mktg this year Oct 11, 2015 11:40 AM IST

    Freecharge to invest Rs 1,000 cr on mktg this year

    Snapdeal-owned mobile transactions platform FreeCharge plans to spend Rs 1,000 crore in the next 10-12 months as the company aims to position its wallet services as a preferential mode of making payments.

  • FreeCharge raises USD 80 mn in new funds Feb 06, 2015 08:37 AM IST

    FreeCharge raises USD 80 mn in new funds

    The company, founded in 2010, enables users to recharge pre-paid and post-paid mobile phones online and get rewarded with discount shopping coupons for using its site.

  • Indian-origin becomes youngest Goldman Sachs Partner Nov 13, 2014 11:46 AM IST

    Indian-origin becomes youngest Goldman Sachs Partner

    The 32-year-old is among the 78 individuals to be promoted to this position, and is one of the five persons of Indian-origin to have made the cut in Goldman Sachs in 2014 class of Partners.

  • Near-term opportunities in bond market Jun 11, 2014 05:30 PM IST

    Near-term opportunities in bond market

    For bond markets it will be time of patience as structural corrections in policy mix can be painful in short-term but comes with larger long term benefits.

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