From delivery boy to CEO: Sanjeev Bikhchandani "salutes" CRED’s Kunal Shah

Founder and CEO of CRED, Kunal Shah's journey from working odd jobs as a delivery agent to leading a fintech giant, spotlighted by Info Edge founder Sanjeev Bikhchandani.

By  Storyboard18Feb 8, 2024 8:59 AM
From delivery boy to CEO: Sanjeev Bikhchandani "salutes" CRED’s Kunal Shah
Shah's journey to financial independence began at the age of 16 when he worked odd jobs such as pirating CDs and running a cybercafé from home. Despite his success, he chooses to get paid Rs 15,000 per month as CRED's CEO. (Images sourced via Forbes India)

CRED founder and CEO Kunal Shah's extraordinary journey from financial adversity to entrepreneurial success has recently been spotlighted again, thanks to Info Edge founder Sanjeev Bikhchandani. In a candid conversation at a Delhi coffee shop, Shah revealed that when his family went bankrupt, he worked as a delivery agent and data entry operator while studying philosophy at Mumbai's Wilson College.

Sanjeev Bikhchandani, who shared this on X, praised Shah's unique path in a world dominated by IIT and IIM graduates, saying, "In a world of IIT, IIM Founders, he stands out as a philosophy graduate." Shah chose practical philosophy because his family had gone bankrupt, forcing him to work full-time as a delivery boy and data entry operator. Philosophy was the only subject where classes ran from 8 a.m. to 10 a.m.

Shah's journey to financial independence began at the age of 16 when he worked odd jobs such as pirating CDs and running a cybercafé from home. Despite his success, he chooses to get paid Rs 15,000 per month as CRED's CEO. In an Instagram story, he explained his philosophy, stating that he believes in earning a substantial salary only when the company is profitable.

This revelation has sparked widespread interest and admiration, with more than 509,000 views in just a few days. The comments section was flooded with praise, with users describing Shah's journey as "inspirational." Viewers emphasized the value of perseverance, hard work, and determination in achieving success.

Others wrote "Hard work attracts success. Some start early, get some early success & then stop. Others start later, but continue for longer & succeed better," wrote one user. Another commented, "Wow! That's wonderful. Didn't know this side of @kunalb11 Come to think he does get philosophical occasionally."

"Truly inspirational. This shows nothing is impossible in life. Determination with sustained efforts over long periods gets you success," expressed a third user. A fourth user added, "Kudos to Kunal Shah who is an inspiration and so many other strugglers whose stories are not known to people at large but they kept going."

First Published on Feb 8, 2024 8:59 AM

More from Storyboard18

Brand Makers

Godrej Consumer stands firm on ad spending, bullish on in-housing capabilities; 'Big believers' says MD Sudhir Sitapati

Godrej Consumer stands firm on ad spending, bullish on in-housing capabilities; 'Big believers' says MD Sudhir Sitapati

Brand Makers

WAVES 2025: India's global entertainment summit aims to chart a $50 billion future

WAVES 2025: India's global entertainment summit aims to chart a $50 billion future

How it Works

Retail rules, Q-comm bubbles: Cola Wars heat up as brands tap digital playbooks

Retail rules, Q-comm bubbles: Cola Wars heat up as brands tap digital playbooks

Brand Makers

Landmark sessions at WAVES 2025: A call for universal access to media and entertainment

Landmark sessions at WAVES 2025: A call for universal access to media and entertainment

Quantum Brief

Maestro Ustad Amzad Ali’s son compose patriotic music for Independence Day

Maestro Ustad Amzad Ali’s son compose patriotic music for Independence Day

Quantum Brief

Pune eatery wins legal battle against US based Burger King

Pune eatery wins legal battle against US based Burger King

Quantum Brief

World Federation of Advertisers suspends brand safety unit after Elon Musk’s lawsuit

World Federation of Advertisers suspends brand safety unit after Elon Musk’s lawsuit

Brand Makers

GOAT Brand Labs raises $21 million to drive omnichannel expansion

GOAT Brand Labs raises $21 million to drive omnichannel expansion