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According to Kunal's LinkedIn, he decided to close it down in 2010 and launch Freecharge, which Snapdeal purchased in 2015 for $450 million. It was bought by Axis Bank in 2017 after operating on its own.
In 2018, Kunal established CRED in Bangalore. A members-only service from the fintech business CRED rewards customers for making on-time credit card payments by granting them access to exclusive offers and premium experiences.
Meet Kunal Shah: The university dropout who founded CRED; know about his lifestyle, journey, and salary financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.