Who is the founder of Freecharge?
Table of Contents
Who is the founder of Freecharge?
Kunal Shah
Sandeep Tandon
Freecharge/Founders
Founded as a wallet by Cred’s Kunal Shah, and Sandeep Tandon, Freecharge has since changed quite a few owners and leaders, finally resting with Axis Bank, who acquired it from Snapdeal in 2017.
How did Kunal Shah start in Freecharge?
Kunal started Freecharge in August 2010 with his friend Sandeep Tandon after shutting down a promotional discount campaign called PaisaBack. In April 2015, Snapdeal acquired Freecharge for a whopping $400 million as cash and stock. This takeover was one of the most significant sales in the history of tech startups.
How much did Kunal Shah made from Freecharge?
Founders earned: In the year 2015, Kunal Shah’s net worth was reported to be at $1.3 billion assuming most of it coming from the Freecharge.com sale to Snapdeal for a whopping $400 million.
When did Freecharge started?
August 15, 2010
Freecharge/Founded
Who is cred CEO?
Kunal Shah –
Kunal Shah – Founder – CRED | LinkedIn.
Who is owner of cred?
Kunal Shah
Cred (company)
| Founded | 2018 |
|---|---|
| Founder | Kunal Shah |
| Headquarters | Bangalore, Karnataka, India |
| Website | cred.club |
How did Kunal Shah start?
He started his career as a junior programmer at a business process outsourcing startup. Shah’s first startup venture was a company called Paisaback, which provided cash-back promotions for retailers.
Who founded MobiKwik?
Bipin Preet Singh
Upasana Taku
MobiKwik/Founders
Who is founder of cred?
Cred is an Indian fintech company, based in Bangalore, founded in 2018 by Kunal Shah. CRED app’s main feature is reward-based credit card payments….Cred (company)
| Founded | 2018 |
|---|---|
| Founder | Kunal Shah |
| Headquarters | Bangalore, Karnataka, India |
| Website | cred.club |
What happened to Freecharge?
On 8 April 2015, Snapdeal acquired Freecharge in what was referred to as the second biggest takeover in the Indian e-commerce sector at the time, after the buy out of Ibibo by rival MakeMyTrip. The deal was for approximately US$400 million in cash and stock.
Who is the co-founder of FreeCharge?
Freecharge co-founders Sandeep Tandon and Kunal Shah first teamed up to start a cashback and promotional discounts company for organized retailers called Paisaback. They come upon the idea of starting Freecharge after discovering that one of their clients, a mobile phone store, is earning nearly all its revenue from prepaid mobile recharging.
Who is FreeCharge founder Kunal Shah?
Kunal Shah, the founder of one of the most innovative business models in India-Freecharge, belongs to a business family in Mumbai. Like most of the successful entrepreneurs, Kunal began his entrepreneurial journey at an early age.
What has been FreeCharge’s journey in 7 years?
Digital payments company Freecharge has had an eventful journey in the seven years since its inception. From capturing the Indian market through mobile recharges to securing the largest acquisition ever in the country’s startup ecosystem, Freecharge’s journey has been interspersed by golden periods, cash crunches and fluctuating leadership.
What is the freefreecharge app?
Freecharge is an Indian digital payments portal which enables users to do bill payments and various recharges. It is backed by both online and offline cashback offers from Indian retailers. It has now become one of the most promising startups in Indian history which now aims to compete with Alibaba-backed Paytm.