'Delivery boy' : Cred's Kunal Shah took up odd jobs when family faced bankruptcy

NEW DELHI: Sanjeev Bikhchandani, the founder of Info Edge, revealed that Kunal Shah, the founder and CEO of Cred, had to take on roles as a delivery agent and a data entry operator when his family faced bankruptcy.

When the two entrepreneurs met at a coffee shop in Delhi, Sanjeev Bikhchandani learned that Kunal Shah had taken on various odd jobs when he was younger.

On X (formerly Twitter), Sanjeev Bikhchandani shared, “Sitting with Kunal Shah at a coffee shop in Delhi. In a world of IIT, IIM Founders he stands out as a philosophy graduate from Wilson College in Mumbai. I asked him why he studied philosophy - is it that his marks in Class 12 only gave him admission in that subject or was it out of interest in philosophy. He told me it was neither. His family had gone bankrupt and he had to work as a delivery boy and a data entry operator full time. And philosophy was the only subject where the classes were from 8 am to 10 am. Salute.”

Previously, Kunal Shah discussed his family's challenging financial circumstances, which prompted him to begin earning as a teenager.

“From age 16, I became financially independent by doing odd jobs," Kunal Shah who pirated CDs and even ran a cyber cafe out of his home, had said.

Kunal Shah also mentioned that he receives a salary of ₹15,000 per month from Cred because he believes it's important not to draw a substantial salary until the fintech company becomes profitable.

“I don’t believe I should get a good salary till the company is profitable. My salary at Cred is ₹15,000 per month and I can survive as I sold my company FreeCharge in the past," he said.