Kunal Shah on Building Cred for the future [Exclusive Interview]

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 499

  • @harishmanmohan9858
    @harishmanmohan9858 5 років тому +834

    One of the best ‘no show off’ conversation. The host also needs to be appreciated for asking simple and sensible questions .

    • @pallabbiswas947
      @pallabbiswas947 3 роки тому +3

      What is the name of the hostess?

    • @Stocksplit1997
      @Stocksplit1997 3 роки тому +1

      PALLAB BISWAS shradha sharma , founder of yourstory , she is quite passionate about startups

    • @OoltaSoch
      @OoltaSoch 3 роки тому

      @@pallabbiswas947 she is the founder of Your Story startup

  • @VEDANTKOTHARI1
    @VEDANTKOTHARI1 5 років тому +356

    When every question is explained with an example..you understand the worth of that person 🔥

    • @spiral1241
      @spiral1241 2 роки тому

      Lol kabir das was idiot according to u

  • @prithvirajshinde5777
    @prithvirajshinde5777 4 роки тому +46

    These types of people should be considered as heroes there are lots of positive things to be taken from him. Sadly we grew up watching bolllywood. this type of content should be must for school and college going students.

  • @doceclectick
    @doceclectick 4 роки тому +119

    The ability to ask dumb questions is a Superpower. -Kunal Shah

    • @doceclectick
      @doceclectick 3 роки тому +4

      Petty questions that sound dumb are often important.

  • @anoopmaheshwari6592
    @anoopmaheshwari6592 4 роки тому +62

    What a guy he is! Such business proficiency with acute acumen is rare to find. He candidly answered all questions with real examples. One of the best business talks I have seen so far. Hope he takes care of his health too

  • @dasunudas3661
    @dasunudas3661 5 років тому +125

    This is why young founders love YourStory. Interviewed him just at this crucial time to understand his mindset.

  • @KinshukJoshi
    @KinshukJoshi 4 роки тому +29

    Frankly, I love the way shradhha goes on asking her questions.. Extremely inquisitive, yet simple way to ask... It is difficult for person answering, avoiding her questions... Love the way, she is building her company, hope to meet her in person in this lifetime. 🙏🏻

  • @Vivekkumar-jk2sn
    @Vivekkumar-jk2sn 4 роки тому +61

    I watched his podcast on beerbiceps and became fan of this person, continuously watching his interview and lectures for last 3 or 4 days on UA-cam. Really, he is very intellectual person.

  • @akjain1997
    @akjain1997 5 років тому +152

    The only interview where I understood both questions and answers ;)

    • @prashantmd37
      @prashantmd37 5 років тому +1

      Download from below link and get 250rs CB make your credit card bill payment on CRED and earn exclusive rewards from Uber, Amazon, Flipkart, and more. it pays to be good
      cred.onelink.me/spQx/2c9a7b16

    • @aurosaha
      @aurosaha 3 роки тому

      Absolutely!

  • @shanushankyy
    @shanushankyy 5 років тому +136

    Such great clarity of thoughts! A man to be followed

  • @muneebahmad6518
    @muneebahmad6518 4 роки тому +522

    1 year later cred is an IPL sponsor and has roped Anil Kapoor as Brand Ambassador...Kunal has delivered what he promised....

    • @ajaymadhavan4606
      @ajaymadhavan4606 4 роки тому +138

      If roping in Anil Kapoor means delivering value, then we need to rethink what a business means :)

    • @imtotallyseriously
      @imtotallyseriously 4 роки тому +37

      Cred has probably created a high trust network of individuals, though they haven't shared any data with the public that proves so.
      However, they have yet to figure out a way to make money from that network. Currently, they generate interest revenue by accepting your CC payments and paying to the bank a couple of days later.
      I'm not sure they even have a business model as yet. Kunal has done a great job in selling an idea to VCs. How that idea translates to money, or to value to shareholders is yet to be seen.

    • @ajaymadhavan4606
      @ajaymadhavan4606 4 роки тому +11

      @@imtotallyseriously yeah, That's basically a platform model drives utility using customer base and selling that info to supplier i.e. merchants in this case. As he said he needs to attain a critical transactional mass and then can pivot the product to anything he desires. I'm curious to what he has promised the VC's on the product vision is, until then he is burning money.

    • @bhavikthakar8241
      @bhavikthakar8241 4 роки тому +12

      But delivering profit is also key point.
      Is CRED profitable now ?

    • @sociologyphysics7293
      @sociologyphysics7293 4 роки тому +10

      @@bhavikthakar8241 Probably not

  • @IsaacMIT
    @IsaacMIT 5 років тому +25

    One of the few interviews that I really enjoyed - so many of the points resonated within me AND I learnt quite a bit as well. I think I'll have to watch this at least once more. Thank you Shradha.

  • @kvs1671
    @kvs1671 3 роки тому +53

    'Happiness is a Flawed Concept" - Kunal Shah 25:10

  • @udayprabhu8351
    @udayprabhu8351 3 роки тому +4

    Kunal Shah comes across as a intelligent, humorous, philosophical, trusty worthy person! Shraddha Sharma , as usual, is at her very best👍👍

  • @kindofanmol
    @kindofanmol 4 роки тому +202

    ‎‎
    *_let's just do a simple voiceover like "download Cred"_*
    ‎‎

    • @Shreymani2
      @Shreymani2 3 роки тому +1

      😂😂👌

    • @nachiketn8032
      @nachiketn8032 3 роки тому +3

      I didn't like that ad tbh.. it's too obnoxious.

    • @roshnic8918
      @roshnic8918 3 роки тому

      facebook.com/potterswheelmedia/photos/a.133036573916377/778236606063034/ the best digital marketing agency

  • @mayurgupta136
    @mayurgupta136 4 роки тому +11

    Informative, this guy is trying to build business by understanding the nerves of Indian Customer and their mind set. This business model has great potential as by privileging the people those who are following the rules and laws strictly and this data will be used by every business to provide best services to people's belong this community.

  • @DavidPeterJW
    @DavidPeterJW 4 роки тому +4

    25:11 This is the moment he proved he is not just an Entrepreneur but a Philosopher. Great explanation.👏🏻

  • @anthonyyesudas
    @anthonyyesudas 3 роки тому +2

    Probably this is the only interview that was so simple & easy to understand.

  • @dibyajiban7226
    @dibyajiban7226 4 роки тому +9

    One of the best interview I have seen in UA-cam.

  • @prithvirajdj
    @prithvirajdj 4 роки тому +7

    Kunal Shah talks straight to the business! Fundamentals.
    No shit. ✔️
    Recommended watch: Find your pot of Gold

  • @jobansandhu
    @jobansandhu 3 роки тому +1

    Mindblown by Kunal. Sucha down-to-earth and intelligent guy. Plus , I just discovered this channel , and it's been giving out such great content so far.

  • @MrHimanshun
    @MrHimanshun 4 роки тому +7

    _So to be honest first I thought he founded Snapdeal, than I came to know that he actually founded Freecharge (which btw I still use) and then watching this interview made me respect this guy even more. His opinions will now hold a high regard for me. Thanks for this insightful Interview YourStrory team_ 🙌🙌

  • @vikrantshukla94
    @vikrantshukla94 5 років тому +87

    Kunal Shah is going to make it to a UNICORN club soon!
    #creduser

    • @GoodEnough99
      @GoodEnough99 4 роки тому +4

      Stop using this shit... you will be scammed

    • @newjersey179
      @newjersey179 3 роки тому

      @@GoodEnough99 Why?

    • @xman6267
      @xman6267 3 роки тому +1

      Ya with billion of losses 8 am sure they will beat all other " startups"

    • @SaiAnanth
      @SaiAnanth 3 роки тому +4

      He did work 2.2bn valuation

    • @vikrantshukla94
      @vikrantshukla94 3 роки тому +8

      @@SaiAnanth My prediction went true...

  • @sanjaybadnayak
    @sanjaybadnayak 3 роки тому +1

    Kunal sir 🙏🙏🙏thanks a lot for cred.. Really happy... Specially cred cash... It's amazing

  • @track0123456789
    @track0123456789 4 роки тому +2

    simple to the point conversation. I will now check CRED, just because i appreciate this straight clean interview.

  • @rajnikantyadav1315
    @rajnikantyadav1315 5 років тому +2

    you are really inspiring without tech background you are in tech thats great great sir we always learn a lot from you when ever we listen you be it on facebook , twitter or youtube

  • @sudipchattopadhyay2855
    @sudipchattopadhyay2855 2 роки тому +1

    Every TIME we listen to him is
    Most enriching experience.

  • @BuzzzTedWeb
    @BuzzzTedWeb 4 роки тому +7

    Kunal Sir is an institution altogether. Awesome 🙏

  • @syedjafferimam5789
    @syedjafferimam5789 4 роки тому +27

    *"The ability to ask dumb questions, I think is a super power"*

  • @dxcodraws
    @dxcodraws 3 роки тому +1

    This is one of the videos where i feel one like button is injustice by utube. 👏👏👍

  • @RKBengaluru
    @RKBengaluru 5 років тому +8

    Very good insights, this is a must watch for all start up Entrepreneurs.

  • @ishrarg
    @ishrarg Рік тому

    he seems crystal clear where he is going, one of best interviews I have seen

  • @manikanthreddy1539
    @manikanthreddy1539 5 років тому +5

    @YourStory...Many Thanks for hosting the Interview.
    Kudos to Kunal Shah🙌

  • @sumant2000
    @sumant2000 3 роки тому

    I am using cred from last 4 months. It is wonderful, I used to pay credit card bill by doing login to SBI bank and wait patiently to do full transactions, using Cred I save my time and it gives reminders and as I promote it I get points too. Same like MLM companies such as Vestige etc.

  • @kshvsngh39
    @kshvsngh39 4 роки тому +1

    Trust issue in deposit on rent is bang on.Glad some entrepreneur are thinking in that direction.

  • @AjitJoshi686
    @AjitJoshi686 4 роки тому +7

    He is looking so different. I did not recognise him though had met him thrice in 2014~15

  • @deyshubho75
    @deyshubho75 3 роки тому

    Bande main hain dum. this is the new india everyone is dreaming off. We are not far away to become the most valuable country.

  • @adityarawat6433
    @adityarawat6433 4 роки тому +2

    That last part was a fire. I am now loving this guy. Going to learn much from him.

  • @gauravnigam7731
    @gauravnigam7731 3 роки тому +1

    Please do such interviews in hindi, big number of population is hindi speaking. It will also benifit rural people

  • @bakshiparv
    @bakshiparv 5 років тому +39

    Kunal shah is a legend

  • @sportsvanihindi
    @sportsvanihindi 3 роки тому +1

    I’m watching this today and hoping to see another interview

  • @alammehdi6717
    @alammehdi6717 3 роки тому +1

    One of THE BEST interviews I’ve ever seen!!
    Each and every second was amazingg!

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    INDIA IS GREAT AND STRONG DEMOCRACY IN THE WORLD BECAUSE INDIANS ARE SPECIALLY BLESSED WITH SKILLS, HARDWORKING, HONEST AND HUMBLE

  • @yourmdsarfaraj
    @yourmdsarfaraj 3 роки тому +1

    Very nice interview, really Kunal shaw is an authentic person.

  • @amarpawarfilms
    @amarpawarfilms 4 роки тому +16

    the ux is so great on this app, love it.

    • @naeemf6019
      @naeemf6019 4 роки тому +5

      I swear i installed it yesterday just to see the UI/UX and i was just blown one of the best

    • @amarpawarfilms
      @amarpawarfilms 4 роки тому +1

      @@naeemf6019 yeah it is fun..

  • @NileshAkhade
    @NileshAkhade 3 роки тому +1

    With Cred, they are building network of trustworthy people. What they are going to do with them?
    - They can offer loan to people from the money collected from other people
    - They can offer discount to people, who likely not to buy the product

  • @aurosaha
    @aurosaha 3 роки тому

    Amazing perspective! Every statement is backed by real life example. It proves he isn't just blabbering fancy english words. Lot to learn from him

  • @vayumay-in2573
    @vayumay-in2573 4 роки тому +2

    Wonderful work by Kunal , he is really doing a wonderful job. Credits to Shradha as well for bringing such great visionary people across us.

  • @dipanshugupta6941
    @dipanshugupta6941 3 роки тому

    Blew my mind with how he explained happiness is flawed concept. Kunal is damn sharp🙏🏼

  • @shantanukharat8290
    @shantanukharat8290 4 роки тому +2

    One of the best interview I came across, So much to learn from this man👍

  • @OnlineGyan-nk8fd
    @OnlineGyan-nk8fd 3 роки тому +1

    He always come with great idea earlier FreeCharge now cred. Kunal 🙏🏼🙏🏼

  • @neeladrikanungo8363
    @neeladrikanungo8363 3 роки тому +1

    The idea/narrative/perspective is quite moving. 😍

  • @uchitpratapsingh3274
    @uchitpratapsingh3274 2 роки тому

    I love the perception of this guy. Good Going. Greeting from Kathmandu

  • @VivekKumar-jf1ul
    @VivekKumar-jf1ul 3 роки тому

    That’s totally a different point of view & Im proud to be Cred customer.

  • @ketkarah
    @ketkarah 4 роки тому +7

    Straighforward, yet profound understanding of principles by the founder. His experience speaks volumes. Great mind, I must say. However, when he implies that in capitalism the concept of MRP shouldn't find a place, and that rich should pay x times more than say middle or working class,isn't it penalizing the rich for being rich and discouranging people from becoming wealthy? May be I am interpreting his statement in black and white, but nonetheless. Even USA doesn't impose so many costs on the rich, except of course taxation.

  • @MRI19998
    @MRI19998 4 роки тому +7

    Trust is created when you allow the option to delete cards in Cred application

    • @MRI19998
      @MRI19998 3 роки тому

      @jami0070 no it isn't

  • @Nanami_X_Higurama
    @Nanami_X_Higurama 3 роки тому +1

    Can anyone please explain how Cred actually works and makes profit ?? Please elaborate 🥺🥺,

  • @nobbynazareth5694
    @nobbynazareth5694 3 роки тому +1

    Such simple, insightful, humble and powerful perspectives

  • @sammymal15021986
    @sammymal15021986 3 роки тому

    Kunal is very nice define his startup cred,
    His mission for cred is clear in this video.

  • @venkatmahesh1190
    @venkatmahesh1190 3 роки тому +2

    Now I understand cred

  • @bhubanandatripathy491
    @bhubanandatripathy491 4 роки тому +2

    Superb show.. 😄 Gentleman Interviews. N ofcourse hope is a drug

  • @nagargojesp
    @nagargojesp 3 роки тому +1

    Best honest interview ever I seen till date

  • @bilalpathan3603
    @bilalpathan3603 2 роки тому +1

    Thanks for all the Videos Shradha.... You are really awesome

  • @naveensingh3992
    @naveensingh3992 4 роки тому +3

    Loved the conversation of this person.

  • @technoworldnow3571
    @technoworldnow3571 3 роки тому

    Kunal has made some really great points here which would help a lot to so many people. Thanks Shradha a ton.

  • @Vivekkumar-jk2sn
    @Vivekkumar-jk2sn 4 роки тому +2

    Happiness is flawed concept.. True somehow

  • @samieramritwar7753
    @samieramritwar7753 3 роки тому

    Kunal....grounded...humble....substance and knowledge insights 👌👌👌

  • @ImGirishUnde
    @ImGirishUnde 2 роки тому

    Excellent video Kunal Shah sir 👍 always inspiration

  • @RanjithBaskaran
    @RanjithBaskaran 5 років тому +3

    Amazing & Inspiring... Simply Superb

  • @ashua4488
    @ashua4488 5 років тому +8

    One of the best interview. Very informative about entrepreneuship.

  • @k_durga_neeraj
    @k_durga_neeraj 3 роки тому +1

    Cred is a revolution!

  • @amandubey5287
    @amandubey5287 2 роки тому

    Love that ozark reference on what is money!!

  • @tirthshah802
    @tirthshah802 3 місяці тому

    Pure insights of business ❤

  • @DrErgo
    @DrErgo 4 роки тому +1

    Loved the conversation.very inspiring
    Learn new ideas and brilliant thoughts kunal.
    Kudos to Shradha

  • @sonetsamuel4328
    @sonetsamuel4328 4 роки тому +3

    CRED even respond on Google Play! Keep up with the Customer Service.

  • @VytrexMedia
    @VytrexMedia 3 роки тому +1

    The *Reward the good actor and punish the bad one* concept beautifully covered in the book 'Games Indians Play' for anyone who is interested to learn more.

    • @yuktapalekar
      @yuktapalekar 3 роки тому

      ua-cam.com/video/bTPfTBI87Yw/v-deo.html
      Kunal Shah short clip

  • @karanbahadur1201
    @karanbahadur1201 3 роки тому

    Kudos to Shradhha n Kunal. What an interview.

  • @SCIFIaction
    @SCIFIaction 5 років тому +5

    your story has some of the best interviews out threre .... and im in the valley

  • @pranit1015
    @pranit1015 4 роки тому +2

    I found this guy very inspirational and amazing. Looking forward to watching more of his interviews in future

  • @segarus95
    @segarus95 3 роки тому +1

    some of the answers were totally different, in the sense they were unique and with different perspective.

  • @rajarshibahubalindra3216
    @rajarshibahubalindra3216 3 роки тому

    Great interview, just that happiness is not a flawed concept. Happiness is an emotion, which mostly comes from within.

  • @ArtisticVision
    @ArtisticVision 5 років тому +6

    I always wonder some people have so much knowledge on so many things..but they don't understand simple thing of taking care of their health...

    • @SMD.Shorts
      @SMD.Shorts 5 років тому

      hehehe that is the pinch...

    • @vikrantshukla94
      @vikrantshukla94 5 років тому +7

      It may be genetic too...Refrain from commenting like that.
      He may lose weight in couple of months but you cant create a startup in 2 months!
      Agree?

    • @SMD.Shorts
      @SMD.Shorts 5 років тому

      hmm rightly said

    • @doceclectick
      @doceclectick 5 років тому

      He doesn't like homework.

    • @imlkr_
      @imlkr_ 4 роки тому +1

      And I always wonder why average people focus on just basic stuff like maintaining health which is just a matter of months... Focus on building something useful to the society!

  • @ameyaenterprises2839
    @ameyaenterprises2839 2 роки тому

    It's standard best Programe 👌

  • @suman3316
    @suman3316 4 роки тому +1

    This man is true an angel for new Startups ...God bless this man..

  • @digitabeeself2665
    @digitabeeself2665 4 роки тому +3

    Very good interview

  • @massive_d
    @massive_d 5 років тому +9

    Go after Gaurav Sen he will be perfect for cred

  • @wdvhi
    @wdvhi 3 роки тому

    this guy is smart i would love to have him as a mentor

  • @arshpreetsingh4597
    @arshpreetsingh4597 3 роки тому

    Damn I could listen to this man all day...

  • @omkarkarekar3337
    @omkarkarekar3337 3 роки тому +1

    Difference between Paytm and cred ?

  • @sougatamajumdar8283
    @sougatamajumdar8283 4 роки тому +1

    how safe is cred?

  • @lokeysh5
    @lokeysh5 5 років тому +15

    I found The Mom's Company product through CRED platform and regular user of its hair care products.

  • @anindyamallick9938
    @anindyamallick9938 4 роки тому +2

    While my experience with Cred and Freecharge have been good but not great, I must say this was a great interview. My key takeaways -
    1. People are willing to give constructive feedback if you appear to be vulnerable and accepting of not being perfect
    2. A lot of time, people just create this magnanimous impression probably out of their own insecurity.
    3. Asking dumb questions is a super-power
    Lastly, the real breaking news and I totally endorse this -
    Nobody was taught capitalism in the country

  • @abhipatil4844
    @abhipatil4844 4 роки тому +2

    One of my favourite interview

  • @akashch7910
    @akashch7910 4 роки тому +3

    Honest interview

  • @ssamiuddin1
    @ssamiuddin1 3 роки тому +3

    "... the right combination of paranoia and curiosity is what keeps me going."

  • @artisticengineer4769
    @artisticengineer4769 3 роки тому +1

    21:36 he mentioned about @tanmay bhat

  • @thetravancompany5603
    @thetravancompany5603 4 роки тому +1

    Great story of a founder

  • @shrawanrawat9253
    @shrawanrawat9253 3 роки тому +1

    Why does it look like a romantic intellctual conversation..

  • @AJ14334
    @AJ14334 5 років тому +2

    Very Informative, All the best Kunal:)

  • @susantakumardas6097
    @susantakumardas6097 2 роки тому

    Good evening.
    I m trying to use CRED Membership but every time it is been told that you are waitlisted.
    But I pay all my EMI / Credit card bill in full and that to on or before time.
    Your basic criteria is credit score. But the credit reporting in India is very bad and defective system of reporting.
    As I m monitoring my score identified and taken to the notice reporting financial institutions but they hardly brother to rectify.
    I request you to work in this direction people' like us can use CRED.
    Thanks & Regards