EntrepreneurshipStartup

CRED’s Shocking Move: Raising $200 Million with a Massive Cut in Valuation—Here’s Why It’s Happening

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CRED Is Looking to Raise $200 Million—But There’s a Big Twist In a surprising turn of events, CRED, the Kunal Shah-led fintech unicorn, is looking to raise up to $200 million. But here’s the kicker: this new funding round will come with a significant drop in valuation. You read that right. CRED, which was once valued at an eye-popping $6.4 billion during its Series F funding round in 2022…
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EntrepreneurshipStartup

CRED CEO Kunal Shah Calls Out Entrepreneurs for Wasting Time on Podcasts and Reality TV

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Kunal Shah, the CEO of the popular fintech company CRED, recently shared his thoughts on what he believes is a common mistake made by aspiring entrepreneurs. In a post on X (formerly Twitter), Shah highlighted that many entrepreneurs spend too much time consuming content—such as podcasts, reality TV, and social media—rather than focusing on the critical tasks of building their businesses or…
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Startup

Blox Acquires 11% Stake in Guardians for $12 Million: What This Means for India’s Proptech Industry

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Blox Makes Strategic Move: Acquires 11% Stake in Guardians for $12 Million In a significant move in the Indian proptech industry, Blox, a fast-growing startup backed by Kunal Shah, has acquired an 11% stake in Guardians, a leading real estate consulting firm, for $12 million. The acquisition is part of Blox’s ambitious plan to expand its operations and grow its presence in India’s competitive…
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StartupSuccess Story

From Data Entry to Fintech Mogul: The Inspiring Journey of CRED Founder Kunal Shah

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Kunal Shah, the renowned entrepreneur and founder of fintech giants CRED and Freecharge, has a remarkable story that diverges sharply from the typical Silicon Valley narrative. Recently, Sanjeev Bikhchandani, the founder and executive vice-chairman of Info Edge, shared a compelling account of Shah’s unconventional rise to success on social media platform X, shedding light on his humble…
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BusinessSuccess Story

Kunal Shah: From FreeCharge to CRED, Pioneering India’s Fintech Revolution

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In the bustling landscape of India’s fintech sector, Kunal Shah has emerged as a pivotal figure, transforming innovative ideas into billion-dollar successes. Raised in Mumbai with a keen entrepreneurial spirit, Shah’s journey from his early ventures to founding CRED exemplifies relentless determination and visionary leadership. The Early Ventures Armed with a degree in Philosophy from Wilson…
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BusinessNews

Bengaluru-based NFT startup Lysto has raised $3 million seed capital

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Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital. Angel investors including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan also partook in the round. The recently raised fund will be utilized in item improvement and expansion of its team size. The company assembles APIs…
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BusinessNewsStartup

Bengaluru-based NFT startup Lysto has raised $3 million seed capital

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Bengaluru-based NFT startup Lysto has raised $3 million seed capital from BEENEXT, Better Capital and Cloud Capital. Private supporters including Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan additionally took part in the round. The recently raised asset will be utilized in item improvement and development of its group size. The…
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BusinessNews

Pre-Series A round raised by Scenes by Avalon from Kunal Shah, Gaurav Munjal, and others

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Scenes, a local area stage by Avalon, on Tuesday, declared that it has brought an undisclosed sum up in pre-arrangement A financing round from holy messengers including Kunal Shah, Gaurav Munjal, Kalyan Krishnamurthy, Tanmay Bhat just as goliaths like Tanglin Ventures, Better Capital, Whiteboard Capital, iSeed Ventures and Blume Founders Fund. The supports will be utilized towards additional item…
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