FreeCharge Co-founder Kunal Shah announces his new startup 'Cred'

Online recharge platform FreeCharge's Co-Founder Kunal Shah announced his new startup 'Cred' on Monday, over three years after Snapdeal bought FreeCharge for $400 million. Shah described Cred as "A platform to celebrate and reward the most creditworthy people of India." In June this year, he raised $30 million led by Sequoia Capital for his new venture.