About Kunal Shah
Kunal Shah is an entrepreneur, an angel investor and a board member based out of Bengaluru, India. They did their Bachelors from Wilson College in 2000. Their journey in the startup ecosystem started in 1995 through Newtap Finance. Kunal Shah has founded 5 companies. They are currently acting as the founder of CRED, Newtap Finance and Newtap Technologies, and as the co-founder of Qed Innovation. Prior to this, Kunal Shah co-founded FreeCharge. As an angel investor, Kunal Shah has a portfolio of 293 companies, focusing primarily on sectors like Enterprise Applications, Consumer and 28 more sectors. They invest in companies across India, United States and 7 more. Their most notable investments include companies like Razorpay and Shiprocket. Kunal Shah is currently serving as a board member at CRED, Happay and 1 more company, 2 of which they founded.
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Bengaluru, India
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Investment Portfolio
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Kunal Shah's Investments
Kunal Shah has invested in 293 companies. Their most recent investment was in Magical Nest (Seed Round) on Mar 23, 2026. Their investments are primarily in Enterprise Applications, Consumer and 28 more sectors. Their investment portfolio include companies in India, United States and 7 more.Here is the list of recent investments by Kunal Shah:
Date | Company | Round | Round Amount | Co-Investors |
|---|---|---|---|---|
Mar 23, 2026 | Seed | $439K | and 5 more | |
Feb 03, 2026 | Series A | $15.3M | ||
Jan 13, 2026 | Series A | $5.5M | ||
Dec 08, 2025 | Seed | $1.06M |
Kunal Shah's Portfolio Exits
Here is the list of top portfolio exits by Kunal Shah:
Company | Description | Location | Total Funding | Founded Year | Exit Type | Exit Date |
|---|---|---|---|---|---|---|
Online retailer of grocery, household, beauty, and personal care products | Bengaluru (India) | $943M | 2011 | Acquisition | Jan 20, 2021 | |
Provider of online educational resources and structured courses for exam preparation | Bengaluru (India) | $880M | 2015 | Acquisition | Mar 15, 2026 | |
Provider of an online lending platform offering point of sale financing | Bengaluru (India) | $206M | 2013 | Acquisition | Sep 04, 2025 | |
Provider of an AI-powered platform for optimizing logistics and delivery | Milpitas (United States) | $82.5M | 2015 | Acquisition | Oct 07, 2025 |
Kunal Shah's Portfolio Unicorns
Kunal Shah has 13 unicorns in the portfolio including Razorpay, Shiprocket and 11 more.
Here is the list of top portfolio unicorns by Kunal Shah:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Provider of payment and business banking solutions for enterprises | $742M | 2014 | Series F | Bengaluru | |
Provider of e-commerce shipping, fulfillment, marketing, and financial services | $322M | 2012 | Series E | Gurugram |
Kunal Shah's Founded Companies
Here is the list of top founded companies by Kunal Shah:
Company | Short Description | Total Funding | Founded Year | Current Stage | Location |
|---|---|---|---|---|---|
Provider of a platform for managing credit cards and payments | $942M | 2018 | Series G | Bengaluru | |
Digital wallet for consumer payments | $117M | 2010 | Acquired | Gurugram | |
Online platform offering personal loans | $102K | 1995 | Early Stage | Mumbai |
Kunal Shah's Board Memberships
Kunal Shah has 3 current board memberships including CRED and Happay.Here is the list of top board memberships by Kunal Shah:
Company | Description | Total Funding | Current Stage | Membership Status | Appointment Date | Cessation Date |
|---|---|---|---|---|---|---|
Provider of a platform for managing credit cards and payments | $942M | Series G | CURRENT | Apr 19, 2018 | - | |
Provider of travel, expense, and payment management software for enterprises | $21.6M | Acquired | CURRENT | May 03, 2022 | - |
Kunal Shah's Top News
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Fintech startup Klub raises $2 mn pre-seed round from Surge, angel investorsTheNewsMinute•Jan 14, 2020•Klub AI, EMVC, Better Capital, Tracxn Labs and 18 others
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Khatabook raises $25M to help businesses in India record financial transactions digitally and accept online paymentstvtnews.com•Sep 30, 2019•Khatabook, Notable Capital, RTP Global, Sequoia Capital and 30 others
•
Party startup MyScoot raises $1.7M from Lightspeed, Mayfield India, Kunal Shah and othersYourStory•Jul 30, 2019•Scoot, Lightspeed Venture Partners, Venture Highway, Mayfield and 2 others
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