Kunal Shah
9 ARTICLES
CRED set to raise $75 million at $3.5 billion valuation
The down round will help stabilise the Kunal Shah-helmed fintech’s runway as it tackles headwinds in unsecured lending.
27 May 2025
CRED is facing a catch-22 situation
The Kunal Shah-helmed fintech needs both growth and profitability to raise capital. But the two goals are contradictory and CRED will soon have to decide between raising at a reduced valuation or delaying the fundraise.
06 Mar 2025
Is CRED’s $6.4 billion valuation at risk?
The Kunal Shah-helmed fintech faces a make-or-break year to get to profitability, or resort to a fundraise fraught with risk.
07 Apr 2024
CRED’s euphoria era is over
Kunal Shah’s fintech startup is finally getting serious about business—but can it grow revenue and pull off a mix of products in time to break even in the next nine months?
12 Jul 2023
CRED’s plan to acquire Smallcase falls through
The fintech startup switched to a lowball offer amid a downturn in investor sentiment and questions over Smallcase’s business model.
16 Aug 2022
Why Pristyn Care is losing favour with doctors and hospitals
Accused of pushing for unnecessary surgical procedures, the health tech startup now faces a backlash and the prospect of regulatory action.
13 Jul 2022
The quiet friendship of Tanmay Bhat and Kunal Shah
Two entrepreneurs into their second innings share a bond that goes beyond business. Each wants what the other has.
12 Mar 2022
CRED focuses on revenue with lending play, plans unicorn round
The hotly debated fintech startup is focusing on monetization, with a rapidly growing loan book, but challenges old and new loom on the horizon.
08 Mar 2021