Meet Kunal Shah
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Kunal Shah is an Indian entrepreneur, founder and ex-CEO of FreeCharge.
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. He started his career as a junior programmer at a business process outsourcing startup. Shah's first startup venture was a company named Paisaback, which provided cash-back promotions for organised retailers. Kunal made a cameo appearance in the 4th episode of TVF Pitchers where he played the role of a startup event judge. Shah founded FreeCharge in 2010, along with Sandeep Tandon, seeing the potential of online recharging in a growing market. In April 2015, FreeCharge was acquired by Snapdeal for an estimated amount of $400 million. Shah was appointed as the new CEO of the company. Kunal also led the acquisitions of Wishberg and Preburn in 2014. Freecharge is an Indian digital payments platform which enables users to do mobile recharges, pay bills and is backed by solid Cashback offers from Indian Retailers both Online and Offline etc. Founded by Indian Entrepreneur and investor Kunal Shah, Freecharge became one of the most promising startups in Indian history which now aims to compete with Alibaba-backed Paytm. In 2015, Freecharge was acquired by Snapdeal for $400 Million (₹2600 Crore). It became the second most expensive acquisition after Ibibo’s acquisition by Makemytrip for $1.8-$2 Billion/ ₹13,000 Crore! Kunal was one of 2016’s largest angel investors with being invested in 40-50 companies in the startup space. |
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