Tag: millions

Fintech Startups

Indian Startup News on Instagram: “India does not just build startups. It builds leaders who run the world. Kunal Shah, founder of Bengaluru-based fintech unicorn CRED, has been announced as the new global CEO of WhatsApp, the world’s biggest messaging platform, used by over 3 billion people. Meta CEO Mark Zuckerberg personally made the announcement, praising Shah’s “builder mentality and global perspective.” He said he looks forward to making WhatsApp the best service for billions of people and millions of businesses. Outgoing WhatsApp head Will Cathcart, who led the app for over seven years, called Shah the right person to take it forward. Kunal Shah started CRED in 2018 with just $1 million of personal capital. Today, CRED has 17 million monthly members, processes over 40% of India’s credit card bill payments, and posted Rs 2,735 crore in FY25 revenue. #CRED #kunalshah #whatsapp #CEO #leaders #indianstartupnews”

India does not just build startups. It builds leaders who run the world. Kunal Shah, founder of Bengaluru-based fintech unicorn…

Fintech Startups

Indian Startup News on Instagram: “Most people never noticed Cashfree Payments. But for sure, they have used it. In 2015, Akash Sinha and Reeju Datta started Cashfree Payments with one laptop, no big network, and a simple idea: make online payments easier for businesses. Their first breakthrough came from fixing COD payment challenges. Slowly, the company became the invisible layer behind millions of transactions for brands people use every day, including Swiggy, Nykaa and BigBasket. Ten years later, that quiet work has turned into a Rs 1,000 crore revenue business. In FY26, Cashfree grew 55% year-on-year, became EBITDA profitable, and crossed 1 million merchants. The company has also stayed profitable in 5 of its 10 years, while building with under $120 million in total funding. And it isn’t stopping here. “The idea is to grow to Rs 3,000–4,000 crore in revenue over the next two or three years, and then go for an IPO,” co-founder Reeju Datta said. What started as two founders solving a COD problem is now chasing a much bigger goal. #startups #payments #fintech #digitalindia #cashfreepayments #indianstartupnews”

Most people never noticed Cashfree Payments. But for sure, they have used it. In 2015, Akash Sinha and Reeju Datta…